Microsoft is super-powering the Stocks data type in Excel with new partnerships. The company is teaming up with Nasdaq and Refinitiv to allow users to get access to an increased collection of financial information in real-time.
Microsoft says the partnerships will allow users to get access data of the full range of U.S. exchange-listed equities. With today’s partnership, the Stocks in Excel can now also provide you with more financial data, including bitcoin, bonds, international currencies, extended-hours pricing information and information about the company, like industry and company description.
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“Expanding the reach of real-time market data is essential to making markets more accessible,” said Oliver Albers, Senior Vice President and Head of Strategic Partnerships for Nasdaq’s Global Information Services. “Our collaboration with Microsoft is a significant step towards bringing important market information to individual investors. Microsoft’s focus on empowering individuals aligns perfectly with our mission to make financial markets more inclusive,” he added.
Microsoft first introduced the Stocks data type back in March 2018, and more than a year later, the feature is getting much more useful with today’s Nasdaq partnership. Microsoft says the company will continue to expand on today’s update and introduce things like the ability to automatically update stock prices every few minutes, as well as the ability to view historical data.