{"id":66474,"date":"2022-06-02T23:26:24","date_gmt":"2022-06-02T19:26:24","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=66474"},"modified":"2022-06-02T23:26:49","modified_gmt":"2022-06-02T19:26:49","slug":"microsoft-cuts-earnings-and-revenue-guidance-citing-stronger-usd","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/microsoft-cuts-earnings-and-revenue-guidance-citing-stronger-usd\/06\/02\/market-updates\/","title":{"rendered":"Microsoft Cuts Earnings, Revenue Guidance, Citing Stronger USD"},"content":{"rendered":"\n<p>Microsoft stock slips to become the latest company to warn of the US dollar\u2019s impact on financials. The Tech giant also dropped its gross-margin guidance.<br><br>Microsoft cut sales and earnings guidance for the current quarter, citing the impact of foreign exchange rates as the stronger dollar takes a toll. The software giant said in a securities filing Thursday that it now expects fiscal fourth-quarter sales of between $51.94 billion and $52.74 billion, down from its prior guidance of $52.4 billion to $53.2 billion. The quarter ends June 30.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft stock slips to become the latest company to warn of the US dollar\u2019s impact on financials. The Tech giant also dropped its gross-margin guidance.Microsoft cut sales and earnings guidance for the current quarter, citing the impact of foreign exchange rates as the stronger dollar takes a toll. The software giant said in a securities &hellip;<\/p>\n","protected":false},"author":13,"featured_media":59016,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7113,7564,6994,6871],"class_list":["post-66474","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-earnings","tag-microsoft","tag-sales","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=66474"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66474\/revisions"}],"predecessor-version":[{"id":66478,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66474\/revisions\/66478"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/59016"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=66474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=66474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=66474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}