Microsoft Corp. has paused negotiations to buy the U.S. operations of the video-sharing app TikTok after President Trump said late Friday he opposes the deal, according to people familiar with the matter. The president’s statements spurred TikTok to make additional concessions, including agreeing to add as many as 10,000Read More →
© Reuters. FILE PHOTO: Microsoft CEO Satya Nadella addresses a news conference in Berlin MEXICO CITY (Reuters) – Microsoft (O:) Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to a promotional video released by the Mexican government onRead More →
What happens in the stock market when price acceleration goes vertical and investor complacency reaches extreme levels? Typically, bad things, according to Lance Roberts, chief investment strategist at RIA Advisors. And we’re there now. “This is nuts,” his team said Friday when trying to wrap their brains around what’s next.Read More →
In its blistering filing challenging the award of a $10 billion Pentagon contract to Microsoft Corp., Amazon.com Inc. claims the software giant was so “shocked” about winning the award that it took nearly a day to comment on the win. When Amazon AMZN, +0.03% filed its appeal to the decisionRead More →
Amazon.com last month filed to overturn a $10 billion cloud computing contract that the Pentagon awarded to Microsoft. Some analysts argued that Microsoft was favored because President Trump dislikes Amazon CEO Jeff Bezos, who owns the liberal Washington Post. Focusing on the politics around the Pentagon’s Joint Enterprise Defense InitiativeRead More →
© Reuters. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves (Reuters) – Amazon.com Inc (NASDAQ:) filed a lawsuit in a federal U.S. court on Friday contesting the U.S. Defense Department’s decision last month to award a Pentagon cloud computing contract worth up toRead More →
By Jeffrey Dastin (Reuters) – Microsoft Corp (O:) has hired former U.S. Attorney General Eric Holder to investigate whether the use of facial recognition technology developed by an Israeli startup it funded complies with its ethics principles, the company said on Friday. AnyVision, based outside Tel Aviv, has come underRead More →
A previous version of the graphic in this story misaligned the dates with some of the milestones for Google, Facebook and Twitter. The dates have been corrected. Getty Images The internet led to the dominance of tech companies like Google, Amazon, Facebook and Apple. What a difference half a centuryRead More →
With its stunning win of a lucrative $10 billion Pentagon technology contract Friday, Microsoft Corp. not only beat Amazon.com Inc. but also uprooted its larger rival as the federal government’s go-to cloud-computing vendor. Microsoft’s MSFT, +0.56% cloud-computing powerhouse Azure, which scored another multibillion-dollar government contract in August, was awarded theRead More →
© Reuters. Traders work on the floor at the NYSE in New York (Reuters) – U.S. stocks opened higher on Thursday, as solid results from Microsoft (NASDAQ:), Lam Research (NASDAQ:) and Tesla (NASDAQ:) lifted sentiment. The Dow Jones Industrial Average () rose 59.98 points, or 0.22%, at the open toRead More →
Microsoft Corp. easily trumped expectations with an earnings report Wednesday afternoon that displayed double-digit percentage gains in profit and sales, but shares dipped in late trading as the Azure cloud business’s growth rate continued to decline. The most valuable public company in the U.S. reported fiscal first-quarter profit of $10.7Read More →
When Microsoft Corp. stopped supporting its Windows XP operating system, the rush to replace aging machines that relied on the older software led to a huge boost to the company’s earnings. For that reason, investors have likely been looking forward to the end of Windows 7 — which arrives inRead More →
Sky-high valuations for software stocks necessitate a more defensive view of the industry, according to Jefferies analyst Brent Thill, and Microsoft Corp. shares look like the “safest” bet. He assumed coverage of the software industry late on Monday, upgrading Microsoft’s stock to buy from hold while moving to the sidelinesRead More →
© Reuters. Traders work on the floor at the NYSE in New York By Noel Randewich (Reuters) – U.S. stocks climbed on Monday, helped by gains in Apple, Microsoft and Merck & Co, as investors set aside worries about the U.S.-China trade war. Shares of Apple Inc (O:) rose 2.4%Read More →
The federal government’s award of a massive 10-year, $7.6 billion computing contract to a trio of vendors led by General Dynamics Corp. to provide Microsoft Corp. office software for the Pentagon late Thursday is the latest indication that cloud-computing leaders are the preferred vendors of choice. The Defense Department andRead More →
LONDON (Reuters) – Microsoft (O:) will open its first European retail store in London on Thursday, showcasing technology ranging from Xbox games and Surface tablets to augmented reality and LinkedIn (NYSE:) masterclasses. Chief Marketing Officer Chris Capossela said the U.S. software group had secured a prime position in Oxford Circus, centralRead More →
Two hefty acquisitions by Alphabet Inc. and Salesforce.com Inc. in the exploding arena of Big Data appear to be expensive moves to shore up their competitive stances against an older but wiser software behemoth, Microsoft Corp. On Monday, Salesforce CRM, -5.26% said it would buy Tableau Software Inc. DATA, +33.70%Read More →
© Bloomberg. A customer stands near the Microsoft Corp. logo during the Microsoft Corp. Xbox One X game console global launch event in New York, U.S., on Monday, Nov. 6, 2017. As Microsoft Corp. begins selling a new Xbox console, the focus of its video-game unit is shifting toward softwareRead More →
You may remember the U.S. stock market’s “return to volatility” last year, but some aspects of the elevated price movement may surprise you. Michael Stritch, the investment chief at BMO Wealth Management, discussed the changing investing environment, how his team of advisers was managing portfolios to reduce risk and howRead More →
© Reuters. Investing.com – Stocks in focus in premarket trade Wednesday: • Alphabet (NASDAQ:) stock lost 1.98% by 8:12 AM ET (13:12 GMT) despite news that company’s for a radar-based motion sensing device known as Project Soli. • Microsoft (NASDAQ:) stock fell 2.43% amid reports that the company received .Read More →
