Why Is Everyone Talking About Microsoft?
Like most tech stocks in 2022, Microsoft (NASDAQ: MSFT) shares have lost a lot of steam amid near-term headwinds. The company has been hit by rising inflation and its effects on consumer spending.
As a result, the Windows company has been the focus of numerous headlines throughout the last few months, with a recent earnings report encouraging further scrutiny. Microsoft's planned acquisition of Activision Blizzard (NASDAQ: ATVI) for a historic $68.7 billion has also kept the media busy as investors wait on tenterhooks to find out if the deal will gain regulatory approval.
With a market cap of $1.74 trillion and home to dominating brands such as Windows, Office, and Xbox, current and prospective investors are wise to keep tabs on any new developments concerning Microsoft.
Source Fool.com