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Microsoft ( (MSFT) ) has issued an announcement.
Microsoft held its 2024 Annual Shareholders Meeting, where shareholders approved the election of all 12 director nominees and the executive compensation, while rejecting several shareholder proposals including those related to AI and bitcoin investments. Additionally, Microsoft’s financial outlook is impacted by GM’s decision to realign its autonomous driving strategy, leading to an expected $800 million impairment charge in the second quarter of fiscal year 2025, affecting earnings per share.
More about Microsoft
Microsoft Corporation is a leading technology company that focuses on developing and supporting software, services, devices, and solutions. It primarily operates in the technology industry, offering products such as the Windows operating system, Microsoft Office suite, and Azure cloud services.
YTD Price Performance: 18.78%
Average Trading Volume: 20,306,302
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3296.1B
For an in-depth examination of MSFT stock, go to TipRanks’ Stock Analysis page.
