Company Of The Day: Microsoft
What?
Microsoft (NASDAQ:MSFT) recently indicated that it acquired Xandr, AT&T’s advanced advertising platform, for an undisclosed sum.
So What?
- Up Nearly 70% Since The Beginning Of 2023, Where Is Microsoft Stock Headed?
- Up 63% Since The Beginning Of 2023, How Will Microsoft Stock Trend After Q2 Earnings?
- Microsoft Stock Is Up 45% YTD And Outperformed The Consensus In Q1
- Microsoft Stock Outperformed The Expectations In Q4
- Microsoft Stock Is Fairly Priced At The Current Levels
- What To Expect From Microsoft Stock In Q3?
Microsoft wants to double down on the digital advertising business. With this deal, Microsoft is looking to combine its technology and global-advertising customer base with Xandr’s large-scale, data-driven platforms. During the most recent quarter, Microsoft posted search and news advertising revenue of around $1.9 billion, up 37% year-over-year.
See Our Complete Analysis For Microsoft
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