The Best Move to Make With Microsoft Stock Before Q4 Earnings on Tuesday?
As tech behemoth Microsoft (NASDAQ:MSFT) gears up to report fiscal fourth-quarter 2024 results on July 30, all eyes will be on the continued momentum in its high-growth cloud computing and artificial intelligence businesses. With the stock up over 14.6% year-to-date (YTD), Microsoft will need to deliver impressive numbers and guidance to justify its premium valuation.Analysts are projecting Q4 revenue of $64.37 billion. That translates to year-over-year (YOY) growth of 14.6%. On the bottom line, earnings pe ...