What happened
A federal judge has given Microsoft (NASDAQ: MSFT) the green light to close its $75 billion acquisition of Activision Blizzard (NASDAQ: ATVI), over the objections of U.S. regulators. The ruling is sending shares of Activision up as much as 12% on Tuesday on investor
Microsoft MSFT recently implemented another round of job cuts, resulting in the layoff of 276 employees, with a focus on customer service, support and sales teams. These job cuts extend beyond the 10,000 global layoffs that MSFT h
In early trading on Tuesday, shares of Salesforce topped the list of the day's best performing Dow Jones Industrial Average components, trading up 3.3%. Year to date, Salesforce registers a 65.8% gain.
The S&P 500 and the Dow rose modestly on Tuesday ahead of
inflation data, as investors were hopeful that a slowdown in
price increases could support a sooner-than-expected end to the
Federal Reserve's policy of rapid monetary tightening.
A U.S. judge ruled on Tuesday that Microsoft may go forward with its planned acquisition of blockbuster videogame maker Activision Blizzard, turning aside antitrust enforcers' request for a preliminary injunction to temporarily stop the $69 billion deal.
The first half of 2023 is in the books, and one of the biggest winners thus far has been Microsoft (NASDAQ: MSFT). The tech megacap's stock has soared 41% year to date, making it the third-best performer in the 30-stock Dow Jones Industrial Average, trailing only Salesforce (up 5
The European Commission on Tuesday set out a plan in a bid to take the lead in the metaverse - shared virtual worlds accessible through the internet - and to prevent Big Tech dominating a nascent sphere that could boost economic growth.
Microsoft (MSFT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Below is Validea's guru fundamental report for MICROSOFT CORP (MSFT). Of the 22 guru strategies we follow, MSFT rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental moment
Entering 2023, many investors were skeptical after the drubbing that US markets took in 2022. Inflation soared, geopolitical tensions came to a fever pitch, and earnings fell. Last year tech stocks lagged, and the Nasdaq 100 ETF (
Artificial intelligence (AI) comes in many forms. Generative AI, specifically, is capable of creating content whether it be text, images, videos, or even computer code, and it's capturing the most attention this year thanks to chatbots like OpenAI's ChatGPT and Alphabet's Google
Amazon (NASDAQ: AMZN) has had a challenging couple of years, as 2022's macroeconomic deceleration led to significant declines in its e-commerce segments. Meanwhile, rising interest rates caused some businesses to trim spending on cloud services, which slowed the revenue growth of
Germany's cartel office said on Tuesday that it sees scope for further action against Big Tech companies following a ruling from the EU's top court last week.
Computing behemoth IBM (NYSE:IBM) is slated to report its Q2 2023 results on July 19th. We estimate that IBM’s revenue will come in at about $15.57 billion for the quarter, marginally ahead of the consensus estimate of about $15.56 billion and roughly flat versus last year.
Technology and semiconductor ETFs have been generating a lot of buzz among investors and advisors this year. Considering the importance of technology to the global economy, especially as digitization and automation continue to ramp up, funds capturing the space are likely to see sustained interest from investors. However, many investors are uncertain about which ETFs [...]
Read more at ETFtrends.com.
What happened
For the most part, Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) have been outperformers on the stock exchange this year. On Monday, however, investors bucked that trend. They sent the former company's share price down by nearly 2% and the latt
Shares of Apple, Microsoft and other heavyweight companies dipped on Monday after Nasdaq Inc said it would rebalance its Nasdaq 100 index to address the benchmark's "overconcentration."
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares UltraPro QQQ, where 6,250,000 units were destroyed, or a 1.3% decrease week over week. Among the largest underlying components o
The following are the top rated Information Technology stocks according to Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance