Microsoft is about to party like it’s 1999. Microsoft stock soared as much as 5% in after hours trading Thursday following a strong earnings report, setting the company up to hit a new all-time high when the market opens Friday. The stock
Hedge fund manager Jeffrey W. Ubben disclosed yesterday that his fund, ValueAct Capital, has taken a $2 billion position in Microsoft stock, causing an almost immediate 4 percent jump in the stock. Microsoft stock, which is down a penny …
The following post is a meditation on a number of market dynamics. It should not be treated as investment advice, as it isn’t. Microsoft’s stock is trading at roughly the same level as it did in 1998. Chew on that for a minute. It’s not hard to …
This week saw a tale of two stocks. Not just any stocks. Microsoft and Johnson & Johnson are the only two AAA-rated companies left in America. That means ratings agencies such as Standard & Poor's believe the bonds issued by these …
In a statement posted on Microsoft’s website this morning, Steve Ballmer, CEO since 2000, announced that he will retire within the next 12 months. Ballmer took over the reins of the company from founder Bill Gates, and has presided over …
When Steve Ballmer took over as CEO in January 2000, Microsoft was the titan of tech and the world's most valuable company. My, how things have changed. In the 13 years since Bill Gates handed over the CEO spot, the technology …
He wrote in his searing memoir of the time, The Roaring Nineties, that “as the Clinton years came to a close, I wondered: What message had we in the end sent through the changes that had been brought about in our taxes?” The Microsoft
After a Jefferies Group analyst cut Microsoft's 2009 revenue forecasts, Microsoft's stock fell to its lowest levels since 1998. The projections were reduced due to "downward pressure on PC unit sales," not Vista or lawsuits. And indeed, …
If you haven't heard by now, SteveB has submitted his resignation from Microsoft's board, effective immediately. Gregg Keizer at Computerworld quotes analyst Patrick Moorhead as saying, "What was [Ballmer] going to do on the board? …
Well, this isn't surprising: following a somewhat underwhelming presentation from Microsoft after unveiling the Xbox One (where are the games?), Sony's stock jumped up. Here's a comparison, with Sony's graph up top. Mind that the …