Microsoft Hikes Dividend, Announces $60 Billion Stock Buyback
Microsoft's share repurchase program, which has no expiration date, replaces its previous $60 billion authorization announced four years ago. Meanwhile, investors also cheered the news that shareholders of record as of Nov. 21 will receive a quarterly dividend of 83 cents per share, up from the current 75 cents a share.
In this article, I evaluate two leading technology stocks, Apple (AAPL) and Microsoft (MSFT), to determine which is the ...
This artificial intelligence (AI) software specialist will be added to the benchmark S&P 500 index after years of robust ...
JP Morgan Research has forecasted the S&P 500 to be at 4,200 by December 2024, according to the mid-year outlook from July 19 ...
The S&P 500 ( ^GSPC) climbed roughly 1.7%, while the Dow rose more than 1.2%, with both indexes trading at record highs. The tech-heavy Nasdaq Composite ( ^IXIC) led the gains, up roughly 2.5%.
Cliff Asness at AQR Capital sold 1.3 million shares of Nvidia, shrinking his stake by 8%. He also bought 9,254 shares of the ...
Goldman Sachs Group Inc. has a message for benchmark managers who are weighing big reshufflings of their indexes to account ...
U.S. stocks ended mixed on Monday, as traders’ expectations for the Federal Reserve to deliver a 50-basis-point rate cut on ...
Consumer spending was tepid last month but exceeded forecasts. Data from the Census Bureau showed retail sales were up 0.1% ...
Asian stocks are mixed after U.S. stocks pulled closer to their records on economic reports that came in close to ...
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