Jean-Luc Ichard
Microsoft's (NASDAQ:MSFT) stock was one of the biggest winners from the pandemic, with the stock surging over 100% in value from early 2020 to its peak in late 2021. Microsoft hired aggressively during this time, taking
Microsoft To Lay Off 10,000: Has MSFT Stock Bottomed?
Summary
- Microsoft has followed fellow tech giants by announcing layoffs of 10,000 employees around the world and taking a $1.2 billion restructuring write-off.
- There's nothing fundamentally wrong with Microsoft's business, however. The company will be able to use payroll savings to fund a potentially game-changing investment in OpenAI.
- The main bull and bear case for MSFT, and a look at valuation and the ATVI deal.
- When to purchase MSFT stock, depending on your risk tolerance, plus a bonus merger-arb trade in ATVI.
Author and entrepreneur. My articles typically cover macroeconomic trends, portfolio strategy, value investing, and behavioral finance. I like to profit from the biases and constraints of other investors.You can read some more of my work for free here.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of ATVI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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