Microsoft warns of forex hit, cuts forecast
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/25/2026
- Wall Street climbs as investors buy AI stocks; Microsoft rallies
- Stock action shows confidence in central banks: BofA’s Hartnett
- Oil prices drop about 3% as US, Iran explore path out of war
- Why stocks held up despite rising yields and $100 oil? These 2 words explain it
- Barclays asks if equity markets are nearing the boiling point
- Akamai signs $11.6B deal with Anthropic, up to $20B potential
- Bloom Energy falls as Oracle invokes force majeure on AI project
- Oracle triggers force majeure on massive 'Project Jupiter' data center
- Oracle Sends Force Majeure Notice Over New Mexico Data Center - Bloomberg
- S&P 500 ends marginally lower as investors focus on US-Iran war
Microsoft (MSFT) FX Risk More of a Headline Headwind Than a Fundamental Risk Says Citi
June 2, 2022 1:05 PM EDTCiti analyst Tyler Radke maintains Buy on Microsoft (NASDAQ: MSFT), PT $364.00.
The analyst comments "Microsoft updated FQ4 guidance this morning to reflect the incremental currency headwinds since the late April report. Overall the headwinds appear to have a 1-2% negative impact to prior... More
BMO Capital on Microsoft (MSFT) FX Adjustment to Guidance: 'we think this is largely a neutral event'
June 2, 2022 1:00 PM EDTBMO Capital analyst Keith Bachman reiterated an Outperform rating and $345.00 price target on Microsoft (NASDAQ: MSFT).
The analyst comments "First, if we average the negative changes to the British pound, euro and yen vs. the US dollar, this equates to about a 1% negative change since MSFT reported on 4/26. Hence, while we do not know the exact... More
Mizuho on Microsoft (MSFT): 'we believe that MSFT's fundamentals remain intact'
June 2, 2022 12:18 PM EDTMizuho Securities analyst Gregg Moskowitz maintains Buy on Microsoft (NASDAQ: MSFT), PT $350.00.
The analyst comments "Due to recent unfavorable currency headwinds, mgmt opted to provide an update to its F4Q (June) outlook this morning. In particular, MSFT cited an incremental... More
Evercore on Microsoft (MSFT): Early Reaction to Guidance Adjustment Appears Overdone
June 2, 2022 10:58 AM EDTEvercore analyst Kirk Materne comments on Microsoft (NASDAQ: MSFT) guidance adjustment due to F/X impacts.
The analyst comments "The early reaction to MSFTs guidance adjustment due to F/X seems a bit overdone. F/X will inevitably normalize (or you should be thinking about buying a condo in Capri if it doesnt) and its a... More
