106.18 +0.23 (0.22%)
After hours: 7:35PM EDT
|Bid||106.09 x 900|
|Ask||106.19 x 900|
|Day's Range||104.32 - 106.50|
|52 Week Range||71.28 - 106.50|
|PE Ratio (TTM)||71.64|
|Earnings Date||Jul 19, 2018|
|Forward Dividend & Yield||1.68 (1.65%)|
|1y Target Est||112.47|
Amazon Prime Day 2018 has arrived, bringing a host of deals on items from smartphones to TVs and everything in between
Investing.com – The tech-heavy Nasdaq closed at record highs Tuesday, led by a rebound in Netflix from its lows and a surge in Amazon, as the e-commerce giant's 'Prime Day' sales bonanza triggered a sharp uptick in sales.
“If we can work far upstream directly with the vendors and improve them, we’re maximizing the impact Mitre can have,” says a cyber engineer at the McLean nonprofit research organization.
Microsoft (MSFT) announced new products and enhancements last week, asked the government to regulate usage of facial recognition software and signed a deal with cloud-focused data warehouse Snowflake.
Microsoft Corp. is trading at a record high as it prepares to release its latest quarterly results. While analysts’ earnings-per-share estimates are little changed since May, their average price target for the stock has climbed. Microsoft, once known for its dominance in desktop computer operating systems, has climbed more than 20 percent this year as investors grow increasingly confident in its push toward cloud computing.
Billionaire Bill Gates and Estée Lauder Cos chairman emeritus Leonard Lauder on Tuesday said they will award $30 million over three years to encourage development of new tests for early detection of Alzheimer's disease. For Microsoft co-founder Gates, launch of the Diagnostics Accelerator program follows an announcement in November of a personal investment of $50 million in the Dementia Discovery Fund, a venture capital fund aimed at bringing together industry and government to seek treatments for the brain-wasting disease. The effort, Gates said, was fueled in part by his personal experience with family members struggling with Alzheimer's.
Cisco (NASDAQ:CSCO) finds itself back in the headlines over competitive fears from a new rival, Amazon (NASDAQ:AMZN) as the reactions from Amazon’s retail moves have re-emerged in the networking world. Cloud computing has changed, and it needs deeper integration with networking. Because Amazon may be acting out of necessity rather than aggression, investors should view any short-term negative effects on Cisco stock as a buying opportunity, not as a threat to Cisco’s ability to prosper.
In particular, IT spending trends should be a tailwind, but currency trends could work against Microsoft, as they have for other global tech firms. The company's June quarter (fiscal fourth quarter) earnings report arrives after the close on Thursday, and an earnings call that's likely to feature the release of September quarter sales guidance will start at 5:30 P.M. Eastern Time. TheStreet will be live blogging Microsoft's earnings report and call after the close on Thursday, July 19.
Walmart is betting on Microsoft Azure and Microsoft 365 as the giant brick-and-mortar retailer looks for an e-commerce edge against Amazon.
Intel (NASDAQ:INTC) has been a top chip maker since forever, but there could be trouble looming for Intel stock in the form of the Cloud Czars. It is no longer news that the five of them, Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT) and Facebook (NASDAQ:FB), are all in the chip business. Thus there are only four microprocessor manufacturers left – Samsung Electronic (OTCMKTS:SSNLF), Taiwan Semiconductor Manufacturing (NYSE:TSM), privately-owned Global Foundries, and, of course, Intel.
Walmart (WMT) to partner with Microsoft and bolster cloud computing technology to offer improved shopping experience to customers.
Microsoft (MSFT) anticipates the Intelligent Cloud revenue segment, which consists of server and enterprise products and services, to see a better performance in fiscal Q4 2018. During the period it grew at a CAGR (compound annual growth rate) of 3.6%.
is an overly valued name, currently trading at 90x forward-looking earnings and something like 230x trailing earnings. The firm's highly promoted "Prime Day" got off to a very embarrassing start that made the website unavailable to many shoppers. Walmart will rely upon Microsoft for machine learning, artificial intelligence, and sales data sharing with vendors.
Subscribe to WSJ Pro Cybersecurity for in-depth coverage on cybersecurity trends, breaches and best practices. The market structure for cloud computing is becoming more competitive. ’s Azure is gaining ground (see below for the company's agreement with Walmart).
As a part of Microsoft’s (MSFT) ongoing digital transformation project, Microsoft and General Electric (GE) extended their partnership on July 16 to boost IoT (Internet of Things) features for customers. Microsoft will integrate its cloud features, which include Azure IoT, data, and analytics technology to GE’s Predix portfolio.
Microsoft CEO Satya Nadella on the company's contract with ICE, artificial intelligence and reforming the U.S. immigration system.
Microsoft CEO Satya Nadella on the Walmart partnership, corporate tech spending, innovation, working with the Chinese government, trade tensions and potential government regulations.