State Street SPDR Russell 1000 Momentum Focus ETF (ONEO)

Microsoft is the world's largest independent software developer. The company was founded on the MS Windows operating system and MS Office business applications suite for PCs. As it has grown, Microsoft has expanded into enterprise software with Azure Cloud services, Windows Server, SQL Server, Dynamics CRM, SharePoint, and Lync; hardware with the Xbox gaming/media platform and the Surface tablet; and online services through Bing. About 49% of revenue is generated outside the U.S.

The major indices were under pressure on Thursday, with all but the small-cap-oriented Russell 2000 lower. The Nasdaq led the way down, off 1.38% as high-profile names in Techland more often than not reported earnings or offered outlooks (or both) that raised concerns. Meanwhile, crude oil remains at about $103 per barrel and the midterm elections are right around the corner. All in all, uncertainty is the order of the day at the moment.

Microsoft sells productivity, security, business, and developer software alongside Azure cloud infrastructure and platform services. Commercial customers pay through subscriptions, software licenses, and usage charges. Consumer businesses include Windows, Xbox, and advertising. Beginning in fiscal 2027, Microsoft reports two segments: agents and infra, containing its commercial software and cloud businesses, and devices and consumer.

Microsoft sells productivity, security, business, and developer software alongside Azure cloud infrastructure and platform services. Commercial customers pay through subscriptions, software licenses, and usage charges. Consumer businesses include Windows, Xbox, and advertising. Beginning in fiscal 2027, Microsoft reports two segments: agents and infra, containing its commercial software and cloud businesses, and devices and consumer.