Microsoft (NASDAQ: MSFT) announced Thursday that Teams, its real-time, collaborative communications tool that rivals Slack (NYSE: WORK), has seen an "unprecedented spike" in usage since the outbreak of the COVID-19 coronavirus. Teams has surpassed 44 million daily active users (
Amazon's (NASDAQ: AMZN) Twitch is still the largest video game streaming platform in the world, but Microsoft's (NASDAQ: MSFT) Mixer is quickly gaining ground, according to Streamlabs and Newzoo's fourth-quarter numbers.
Business consulting and outsourcing veteran Accenture (NYSE: ACN) reported earnings early Thursday morning. The report, covering the second quarter of fiscal year 2020, exceeded Wall Street's expectations, and management painted a rosy picture of Accenture's long-term prospects.
The Dow Jones Industrial Average (DJINDICES: ^DJI) couldn't make up its mind on Thursday. The index opened lower, surged to positive territory, then retreated back into the red. At 11:05 a.m. EDT, the Dow was down about 0.4%.
In this episode of Industry Focus: Consumer Goods, Motley Fool analyst Emily Flippen and Motley Fool contributor Dan Kline take a look at what's happening with retail. Which companies/sectors are going to be impacted the most by the pandemic? What are some crazy valuations? Wha
Microsoft Corp's Teams chat and conferencing app gained more than 12 million daily users in one week, a 37.5% jump as more people worked from home during the coronavirus outbreak, the company said on Thursday.
In early trading on Thursday, shares of Walmart topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.6%. Year to date, Walmart registers a 4.4% gain.
What happened
Shares of mega-technology stocks Alphabet, Microsoft, and Facebook slumped on Wednesday as the stock market continued to convulse due to the novel coronavirus pandemic. At 2:50 p.m. EDT, the S&P 500 index was down about 8.7%.
Sony (NYSE: SNE) and Microsoft (NASDAQ: MSFT) are continuing to battle in the console war. Both companies are hosting digital presentations this week to talk about what's under the hood of their respective game systems, which are scheduled to launch in time for the holidays late
A number of retailers have chosen to close due to coronavirus. Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), and Nike (NYSE: NKE) have all voluntarily decided to close their stores, as have a handful of others including big retailers like Macy's and Gap which sell things most