U.S. stock index futures signaled a flat-to-higher start to trade on Wednesday, with earnings due early from Boeing and PepsiCo.» Read More
*Microsoft sees end to Nokia losses, shares rise. NEW YORK, July 23- U.S. stocks were set to rise slightly at the open on Wednesday, boosted by bullish earnings from companies like Boeing, Pepsi and Microsoft, though conflicts in Ukraine and the Gaza Strip weighed on investor confidence.
*Microsoft sees end to Nokia losses, shares rise. NEW YORK, July 23- U.S. stock index futures edged up on Wednesday, boosted by bullish earnings from companies like Microsoft and Boeing, though conflicts in Ukraine and the Gaza Strip weighed on investor confidence.
Daniel Ernst, Hudson Square Research, weighs in on the tech giant's future product development.
Patrick Moorhead, president and principal analyst at Moor Insight & Strategy, says he's "very skeptical" of a 2016 Nokia break-even and discusses Microsoft's mobile and cloud strategy.
But a cautious mood was expected to return in early European trade, where spreadbetters predicted Britain's FTSE 100 to open 8 to 15 points lower, or down as much as 0.2 percent; Germany's DAX to open down 20 to 22 points, or 0.2 percent lower; and France's CAC 40 to open 5 to 6 points lower, or down 0.1 percent.
Hong Kong's Hang Seng was up 0.8 percent to 23,962.98 and Australia's S&P/ASX 200 rose 0.6 percent to 5,575.10 helped by the brisk output report by mining giant BHP Billiton.
Matthew Hedberg, Software Analyst, RBC Capital Markets, highlights the areas in which the tech giant outperformed in the fourth quarter of its fiscal year.
SEATTLE, July 22- Microsoft Corp said it aims to get its loss-making Nokia phone unit to break even within two years, helping its stock rise in after-hours trade.
Microsoft posted earnings that fell short of expectations Tuesday while revenue topped Wall Street estimates.
CNBC's Jon Fortt is listening closely to Microsoft's earnings conference call, where CEO Satya Nadella talked about plans for multiple mobile apps to live on the home screen.
Check out which companies are making headlines after the bell Tuesday: Apple, Microsoft, VMWare & more.
SAN FRANCISCO, July 22- Video game publisher Electronic Arts Inc reported better-than-expected revenue and profit for the first quarter, driven by robust sales of titles such as "Titanfall," digital revenue and cost control.
Microsoft's earnings fell short of estimates, but its revenue beat. Dan Ives, FBR Capital Markets, trusts the company's cloud-centric strategy.
*Chipotle rallies a day after results, Netflix slides. Netflix Inc, one of the market's biggest trading favorites over the past few years, reported a quarterly profit that more than doubled on Monday after the market closed. However, on Tuesday, Netflix shares fell 4.6 percent to $431.09 as the company's plans to expand in Europe were seen as eroding profits.
CNBC's Dominic Chu rounds up this afternoon's earnings action.
U.S. stocks rose on Tuesday, building on gains after CPI rose in June, with sentiment also stabilized by encouraging earnings reports.
REDMOND, Wash.— Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units— Nokia phones and Bing search— would become profitable in 2016..
SEATTLE, July 22- Microsoft Corp said on Tuesday its fiscal fourth-quarter revenue rose, beating Wall Street expectations, but its profit fell 7 percent, partly due to the effect of incorporating the handset business of Nokia.
SEATTLE, July 22- Microsoft Corp said on Tuesday its fiscal fourth-quarter revenue rose, but its profit fell, partly due to the effect of incorporating the handset business of Nokia, which it acquired in April.
Microsoft reports Q4 revenue of $23.38 billion. Max Wolff, Milano Graduate School, and Ross Gerber, Gerber Kawasaki CEO, discuss the health of its future growth.