Bekker's Blog

Blog archive

The Street Likes Office 365

Microsoft, the stock, did relatively well in the trading sessions surrounding the launch of Office 365.

MSFT had a strong session on Monday as investors anticipated the Office 365 launch and digested a report that Windows 8 might come sooner than expected.

"Microsoft enjoyed a strong session, with the stock closing up 3.7% at $25.20 -- its best one-day percentage gain since Sept. 13 of last year," Dow Jones MarketWatch reported Monday. And the Tuesday Office 365 launch event itself apparently didn't disappoint either. According to the WSJ.com, Microsoft contributed to the Dow Jones Industrial Average's biggest gain in two months:

"Microsoft gained 60 cents, or 2.4%, to 25.80, building on Monday's gains, as the company unveiled an online version of its Office software suite."

Posted by Scott Bekker on June 28, 2011


Featured

  • Microsoft Appoints Althoff as New CEO for Commercial Business

    Microsoft CEO and chairman Satya Nadella on Wednesday announced the promotion of Judson Althoff to CEO of the company's commercial business, presenting the move as a response to the dramatic industrywide shifts caused by AI.

  • Broadcom Revamps VMware Partner Program Again

    Broadcom recently announced a significant update regarding its VMware Cloud Service Provider (VCSP) program, coinciding with the release of VMware Cloud Foundation (VCF) 9.0, a key component in Broadcom’s private cloud strategy.

  • Closeup of the new Copilot keyboard key

    Microsoft Updates Copilot To Add Context-Sensitive Agents to Teams, SharePoint

    Microsoft has rolled out a new public preview for collaborative "always on" agents in Microsoft 365 Copilot, bringing enhanced, context-aware tools into Teams channels, meetings, SharePoint sites, Planner workstreams and Viva Engage communities.

  • Windows 365 Cloud Apps Now Available for Public Preview

    Microsoft announced this week that Windows 365 Cloud Apps are now available for public preview. This aims to allow IT administrators to stream individual Windows applications from the cloud, removing the need to assign Cloud PCs to every user.