Shares of Microsoft Corporation (MSFT) were up slightly this morning on news the software giant officially unveiled its much-awaited Windows 10 operating system at midnight on Wednesday.
Windows 10 comes almost three years after the launch of the company’s last OS. The new operating system will be available in 190 countries as a free upgrade for users of Windows 7, Windows 8.1 and Windows Phone 8.1.
MasterCard Incorporated (MA) shares are down 2.46% in pre-market trading hours Wednesday after the company missed sales estimates for the second quarter in a row. The processor of debit and credit card payments reported Q2/15 EPS of $0.85 per share on revenues of $2.39 billion. Analysts were expecting EPS of $0.85 on revenues of $2.42 billion.
Akamai Technologies, Inc. (AKAM) is one of today’s notable stocks in decline, down nearly 7% to $68.52. The distributor of online content handed in Q2/15 earnings of $0.57 per share on revenue of $541 million, missing Wall Street EPS estimates of $0.58 per share, versus consensus of $0.62 per share, and revenue of $540.58 million compared to the consensus revenue estimate of $565.34 million. The company said a stronger greenback would hurt its revenue and profit going forward.
For Q3/15, AKAM provided EPS guidance of $0.56-$0.58 versus consensus of $0.62 per share. The company also issued revenue projection of $543million – $555 million, compared to the consensus revenue estimate of $565.34 million.
Twitter, Inc. (TWTR) shares are plunging, down more than 11%, in pre-market trading despite the co. beating Q2/15 estimates by $0.03 a share with adjusted quarterly profit of $0.07 per share. Revs came in well-above estimates as well. However, user growth figures (MAU 316 million vs. 308 millon QoQ) proved disappointing to investors.