Technology giant Microsoft (NASDAQ:MSFT) will be reporting earnings this Wednesday afternoon. Here’s what investors should know. Microsoft beat analysts’ revenue expectations by 2.9% last quarter, reporting revenues of $77.67 billion, up 18.4% year on year. It was a very strong quarter for the company, with a narrow beat of analysts’ revenue estimates and a solid beat of analysts’ revenue estimate...
Technology giant Microsoft (NASDAQ:MSFT) will be reporting earnings this Wednesday afternoon. Here’s what investors should know. Microsoft beat analysts’ revenue expectations by 2.9% last quarter, reporting revenues of $77.67 billion, up 18.4% year on year. It was a very strong quarter for the company, with a narrow beat of analysts’ revenue estimates and a solid beat of analysts’ revenue estimates. Is Microsoft a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, analysts are expecting Microsoft’s revenue to grow 15.3% year on year to $80.32 billion, improving from the 12.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $3.92 per share. Microsoft Total Revenue Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Microsoft has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 1.9% on average. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
This brings the company’s total investments in Singapore to around US$60 billion Micron president and CEO Sanjay Mehrotra says demand for high-performance memory and storage has reached unprecedented levels, and the company's latest expansion is a response to that market pressure. PHOTO: BT FILE [SINGAPORE] Semiconductor giant Micron Technology broke ground on Tuesday (Jan 27) morning on an advanc...
This brings the company’s total investments in Singapore to around US$60 billion Micron president and CEO Sanjay Mehrotra says demand for high-performance memory and storage has reached unprecedented levels, and the company's latest expansion is a response to that market pressure. PHOTO: BT FILE [SINGAPORE] Semiconductor giant Micron Technology broke ground on Tuesday (Jan 27) morning on an advanced wafer fabrication facility in Woodlands as part of a major investment of US$24 billion over the next decade. The new facility, located within the company’s existing Nand manufacturing complex, is Singapore’s first double-storey wafer fab. Micron said the new facility is expected to create 1,600 jobs across roles in fab engineering and operations, advanced robotics and smart manufacturing technologies. Together with the previously announced high-bandwidth memory (HBM) advanced packaging facility in 2025, this brings the total number of new jobs created by Micron’s recent investments in Singapore to 3,000, further strengthening its manufacturing footprint in the country. The ceremony was graced by Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong, Permanent Secretary for Trade and Industry Beh Swan Gin, Economic Development Board (EDB) managing director Jermaine Loy, and JTC CEO Jacqueline Poh. The latest investment brings Micron’s total investments in Singapore to around US$60 billion. Wafer output from the new fab is expected to begin in the second half of 2028. DECODING ASIA Navigate Asia in a new global order Get the insights delivered to your inbox. The facility will anchor the company’s next phase of advanced Nand memory manufacturing and strengthen the global artificial intelligence semiconductor supply chain, said Micron. The facility maximises land use to provide 700,000 square feet of cleanroom space and provides “the essential capacity to support continued technology transitions, ensuring Micron can meet long-term demand for advanced storage...
(RTTNews) - FAT Brands Inc. (FAT) announced that it has voluntarily commenced Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas. The company's portfolio includes 18 restaurant concepts with more than 2,200 locations worldwide. Iconic brands such as Fatburger, Johnny Rockets, and Round Table Pizza are expected to continue operating as usual throughout the Chapte...
(RTTNews) - FAT Brands Inc. (FAT) announced that it has voluntarily commenced Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas. The company's portfolio includes 18 restaurant concepts with more than 2,200 locations worldwide. Iconic brands such as Fatburger, Johnny Rockets, and Round Table Pizza are expected to continue operating as usual throughout the Chapter 11 process, maintaining their signature dining experiences for customers. During this period, FAT Brands' securities will continue trading on NASDAQ, with a "Q" suffix added to the ticker symbol to reflect the bankruptcy proceedings. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Jan 27 (Reuters) – U.S. memory chip maker Micron Technology is set to announce new memory chip manufacturing capacity investment in Singapore, three people briefed on the matter said, expanding production in response to an acute global memory shortage. The company will announce the investment as soon as Tuesday, the people said. One said the investment would be in NAND flash memory. The people de...
Jan 27 (Reuters) – U.S. memory chip maker Micron Technology is set to announce new memory chip manufacturing capacity investment in Singapore, three people briefed on the matter said, expanding production in response to an acute global memory shortage. The company will announce the investment as soon as Tuesday, the people said. One said the investment would be in NAND flash memory. The people declined to be identified as they were not authorised to discuss the matter publicly. Micron did not immediately respond to a request for comment. The investment comes as industries including consumer electronics and AI service providers grapple with a severe shortage of all types of memory chip brought about by a race to build AI infrastructure. Micron has sizeable manufacturing facilities in Singapore where it makes 98% of its flash memory chips. It is also building a $7 billion advanced packaging plant for high bandwidth memory, used in artificial intelligence chips, in the city-state that is due to start production in 2027. The chipmaker and its main rivals, South Korea’s Samsung and SK Hynix, have announced new production lines and are bringing forward production start dates. Still, analysts said the memory supply shortfall could last through late 2027. Last week, Micron said it was in talks to buy a fabrication site from Powerchip in Taiwan, for $1.8 billion in cash, that it said would boost its output of DRAM wafers. SK Hynix told Reuters this month that it plans to accelerate the opening of a new factory by three months and begin operating another new plant in February. (Reporting by Brenda Goh, Fanny Potkin and Che Pan; Editing by Christopher Cushing)