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Microsoft Corporation (MSFT) 2022 Citi Global Technology Conference (Transcript)

Microsoft Corporation (MSFT)

2022 Citi Global Technology Conference Call

September 7, 2022 11:15 ET

Company Participants

Corey Sanders - Corporate Vice President of Microsoft Solutions

Conference Call Participants

Tyler Radke - Citigroup Inc.

Presentation

Tyler Radke

I'm Tyler Radke, and I co-head the software sector here at Citi. And welcome to Day 1 of our Technology Conference. And we're excited to have Microsoft, although joining from Zoom, not Teams, I see Corey. Corey, unfortunately, had a run-in with COVID but I hope you're doing well. And so I really appreciate the flexibility, and shout out to the AV team for making this work.

So Corey, thanks for j...

SA Transcripts on Seeking Alpha | September 7, 2022

New Buy Rating for Microsoft (MSFT), the Technology Giant

Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Microsoft (MSFT - Research Report) today and set a price target of $411.00. The company's shares opened today at $254.70.Feinseth covers the Technology sector, focusing on stocks such as Akamai, Apple, and AT&T. According to TipRanks, Feinseth has an average return of 11.7% and a 58.51% success rate on recommended stocks. Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $327.41, implying a 28.55% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $320.00 price target.

Christine Brown on TipRanks | September 7, 2022

Travis Kalanick’s CloudKitchens Has a New Backer, Microsoft (NASDAQ:MSFT)

Uber (NYSE:UBER) Co-Founder Travis Kalanick’s CloudKitchens has raised funding from Microsoft (NASDAQ:MSFT) in November 2021, reports the Financial Times. Kalanick’s new venture provides smart kitchens to restaurants that are delivery-only. According to Crunchbase, Cloud Kitchens has raised a total of $1.3 billion so far. Separately, our Insider Trading tool shows the EVP and CFO of Microsoft, Amy Hood sold MSFT shares worth $19.5 million yesterday. This is after the CEO and Director of MSFT, Satya Nadella offloaded shares worth $14.69 million five days ago.

Kailas Salunkhe on TipRanks | September 7, 2022

Top Research Reports for Microsoft, CVS Health & Lockheed Martin

Today's Research Daily features new research reports on 16 major stocks, including Microsoft (MSFT), CVS Health (CVS) and Lockheed Martin (LMT).

Yahoo | September 7, 2022

Sony accuses Microsoft of misleading claims over ‘Call of Duty’ game

Japanese group questions whether series will remain on PlayStation consoles following US group’s Activision Blizzard deal

Yahoo | September 7, 2022

Microsoft leads Big Tech on a crucial issue: water scarcity

As companies that operate data centers navigate growing risks from water scarcity, one company stands out for how it is managing the limited resource.

Yahoo | September 7, 2022

“Super Bubble” is Yet to Burst: Jeremy Grantham’s Warning and His 10 Favorite Stocks

In this article, we discuss Jeremy Grantham’s warning and his 10 favorite stocks. If you want to see more stocks in this selection, click Jeremy Grantham’s 5 Favorite Stocks. Jeremy Grantham is a famed British investor who co-founded GMO Asset Management and serves as its chief investment strategist. Grantham is known for predicting market bubbles, […]

Yahoo | September 7, 2022

The Zacks Analyst Blog Highlights NVIDIA, Microsoft, Apple and Alphabet

NVIDIA, Microsoft, Apple and Alphabet are part of The Zacks top Analyst Blog.

Yahoo | September 7, 2022

Senator Attacks Big Tech Lobbying For Delaying Antitrust Bill

According to Senator Amy Klobuchar, an "incredible onslaught of money" against a landmark antitrust bill to check the power of the U.S. Big Tech companies hindered the passing of the legislation, Bloomberg reports. Those dollars have funded advertisements designed to stir opposition to the American Innovation and Choice Online Act, she said at the Code Conference in Los Angeles. Organizations funded by the technology industry have spent $120 million on political ads since 2021, outpacing the pha

Yahoo | September 7, 2022

Uber's Infamous Co-founder Wins Microsoft As First US Investor For His Dark Kitchen Startup

Microsoft Corp (NASDAQ: MSFT) has become the first U.S.-based investor in Uber Technologies, Inc (NYSE: UBER), known to have backed CloudKitchens, the "dark kitchen" startup run by the ride-hailing company's controversial co-founder Travis Kalanick, the Financial Times reports. The investment was part of CloudKitchens' $850 million funding round that closed in November 2021, valuing it at $15 billion. The cash gain helped CloudKitchens to drive its user growth globally, with over 4,000 employees

Yahoo | September 7, 2022


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