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Stockreport

Markets today: 'AI craze' powers best week in 2024 for stocks [BNN Bloomberg (Canada)]

Microsoft Corporation (MSFT)  More Company Research Source: BNN Bloomberg
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Equities notched their best week in 2024 after Microsoft Corp. and Google's parent Alphabet Inc. sent a clear message to investors: Our spending on artificial intelligence and cloud computing is paying off. That came as a positive signal for many traders wondering whether the main engine of the bull market would be able to live up to the high bar set for the industry. The latest results from large technology companies have reinforced the group's strong fundamentals, helping offset worries about the macroeconomic backdrop, according to Solita Marcelli at UBS Global Wealth Management. “With tech fundamentals staying robust, in particular from big tech in the first quarter, we continue to highlight the recent correction has provided interesting entry points for tech and AI-related stocks,” Marcelli said. The S&P 500 closed around 5,100, while the tech-heavy Nasdaq 100 climbed almost 2 per cent. The yield on 10-year Treasuries declined four basis points to 4.67 per cent. The dolar [Read more]
IMPACT SNAPSHOT EVENT TIME: MSFT
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Stock performance from the time of news release until the following 4pm ET market close
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Multi-day stock performance from the time of the news release
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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
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Stockreport

Markets today: 'AI craze' powers best week in 2024 for stocks [BNN Bloomberg (Canada)]

Microsoft Corporation  (MSFT) 
More Company Research Source: BNN Bloomberg
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Equities notched their best week in 2024 after Microsoft Corp. and Google's parent Alphabet Inc. sent a clear message to investors: Our spending on artificial intelligence and cloud computing is paying off. That came as a positive signal for many traders wondering whether the main engine of the bull market would be able to live up to the high bar set for the industry. The latest results from large technology companies have reinforced the group's strong fundamentals, helping offset worries about the macroeconomic backdrop, according to Solita Marcelli at UBS Global Wealth Management. “With tech fundamentals staying robust, in particular from big tech in the first quarter, we continue to highlight the recent correction has provided interesting entry points for tech and AI-related stocks,” Marcelli said. The S&P 500 closed around 5,100, while the tech-heavy Nasdaq 100 climbed almost 2 per cent. The yield on 10-year Treasuries declined four basis points to 4.67 per cent. The dolar [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS