Microsoft Freezes Hiring In Cloud And Sales As Stock Suffers Worst Start To Year On Record [zero hedge]
ServiceNow, Inc. (NOW)
Last servicenow, inc. earnings: 4/29 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
servicenow.com/company/investor-relations.html
Company Research
Source: zero hedge
Microsoft Freezes Hiring In Cloud And Sales As Stock Suffers Worst Start To Year On Record Microsoft shares were trading lower Thursday afternoon, leaving the stock deeper in bear-market territory and down about 24% on the year. Seasonal data suggests it is the worst start to a year for Microsoft on record. A new report from The Information says Microsoft executives have instructed managers across major divisions, including Azure cloud and North American sales, to freeze hiring as part of a broader effort to reduce costs and boost margins ahead of the June fiscal year-end. Microsoft employees who spoke with the outlet said the hiring freeze is not companywide. They said Copilot and some other AI-related engineering divisions are still hiring, but managers in large cloud and sales organizations were told to halt all new hirings in recent weeks. " The company reported slightly decelerating Azure growth in the fourth quarter of last year and said roughly 45% of its Azure revenue backlog,
Show less
Read more
Impact Snapshot
Event Time:
NOW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NOW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NOW alerts
High impacting ServiceNow, Inc. news events
Weekly update
A roundup of the hottest topics
NOW
News
- 3 Reasons GDDY is Risky and 1 Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- ServiceNow Earnings Preview: What to Expect [Yahoo! Finance]Yahoo! Finance
- As middle managers thin out, companies hand sales training to AI simulations [Yahoo! Finance]Yahoo! Finance
- ServiceNow (NOW) Sold Off on AI Fears but Long-Term Competitive Edge Remains Intact [Yahoo! Finance]Yahoo! Finance
- Has Market Weakness Created A Fresh Opening In ServiceNow (NOW) Stock? [Yahoo! Finance]Yahoo! Finance
NOW
Earnings
- 1/28/26 - Beat
NOW
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/2/26 - Form S-8
- 3/2/26 - Form S-8
- NOW's page on the SEC website