|Bid||73.06 x 300|
|Ask||73.07 x 4000|
|Day's Range||72.37 - 73.11|
|52 Week Range||55.61 - 74.42|
|PE Ratio (TTM)||32.22|
|Dividend & Yield||1.56 (2.15%)|
|1y Target Est||N/A|
Shares of Microsoft (MSFT) are up 88 cents, or 1.2%, at $73.03, after the company this morning announced a deal with oil and gas giant Halliburton (HAL), in which Microsoft’s “Azure” cloud computing service will host the latter’s “iEnergy” service for exploration and production. In response, Credit Suisse’s Michael Nemeroff reiterates an Outperform ratting on Microsoft shares, writing that the company is moving away from its “legacy tools and cyclical PC business." Among details of the collaboration, Microsoft said it will "allow the companies to apply voice and image recognition, video processing and AR/Virtual Reality to create a digital representation of a physical asset using Microsoft’s HoloLens and Surface devices,” after gathering data from sensors placed on infrastructure.
YouTube has made it increasingly hard to monetize certain kinds of videos on the site, deeming specific topics not “advertiser friendly." This includes loads of content about video games involving guns (most of them) and now creators are threatening to abandon the platform entirely.
Google is introducing Chrome Enterprise with tools IT admins can use to more easily manage Chromebooks.