Groove Commerce News

Yesterday Microsoft released their quarterly financial statement and while the numbers weren't all that great in some segments their cloud offerings are going strong.

From Black Hat's canceled Tor presentation to Microsoft's solid quarter earnings, here's what you missed on Tuesday.

The Dow Jones Industrial Average is slightly higher ahead of the opening bell, buoyed by a 2% pre-market jump for component Microsoft Corporation after last night's earnings report.

Apple Inc. reported impressive second-quarter earnings that have kept the tech industry going, awaiting to see the impact of its product cycle that set to receive a refresh in September with iPhone 6. MD & Senior Analyst, Daniel Ives, told CNBC that the second-quarter earnings were a victory for both Apple and Microsoft Corporation in the tech ... (more)

The Mountain View, Ca. company recently opened a Washington headquarters just steps from the Capitol.

Contributing analysts on the Estimize.com platform expect Microsoft to beat the Wall Street consensus by 5c per share and come in $176M under the Street's revenue consensus.

Nokia Lumia 930 , went on sale in the UK last week, and many were delighted by the promise of a free wireless bundle worth 130 - including a portable wireless charging pad, portable wireless speaker, and a 20 app voucher for the Windows Phone Store.

Microsoft's decision to drastically reduce the size of its Devices Group is unlikely to be the end of the blood-letting at what used to be the Nokia devices business, according to experienced and respected industry analyst Tomi Ahonen, who also believes Elop's days are numbered in his current role.

When Microsoft rallies a point and a half in one trading session and then attempts to rally nearly another two points in premarket trading the following day, one has to wonder if it is time to sell the news.

Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Microsoft Corporation .

Microsoft Corp. is set to report fourth-quarter fiscal 2014 results on Jul 22. Last quarter, the company posted a 9.7% positive surprise.

Microsoft's fiscal Q4 earnings, out after the close Tuesday, could get a lift from a recovering PC market and possibly a strong performance from its cloud business.

TOUGH TASK: Satya Nadella, the newly appointed CEO of Microsoft, has decided to phase out the Nokia X series phones to promote their indigenous Windows 8 platform resulting in massive lay-offs of several thousand employees As established technology companies become old and gear for a generational leadership change, the interesting phenomenon ... (more)

In an effort to improve internal efficiency and weed out subpar contractors, Microsoft Corp. on Friday placed tight restrictions on vendors.

That's according to a Sunday profile of Smith by the New York Times , which called Smith "one of the most influential voices inside Microsoft" and his deft political skills in Washington, D.C. have some lauding his "policy skills and general intelligence," including the head lawyer for Apple Inc. Last month, Smith talked about Microsoft stopping ... (more)

Microsoft's recent announcement that it will cut 18,000 jobs was much higher than anyone expected.

Microsoft is set to announce its Q4 FY 2014 earnings on July 22 amid news that it's planning to cut as many as 18,000 jobs next year.

Early in 1994, Christie and Schultz published "Why do NASDAQ Market Makers Avoid Odd-Eighth Quotes?" noting that although the minimum price variation was an eighth of a dollar, the vast majority of quotes and executions occurred on quarters of a dollar.

Microsoft's initiative to become a strong player in cloud will allow the company to steal Apple and Google's mobile OS market share.

A key inflation gauge, housing data and lots more earnings reports - notably from tech giant Microsoft just days after announcing massive layoffs - highlight next week's economic calendar.