137.81 +0.03 (0.02%)
After hours: 7:25PM EDT
|Bid||137.80 x 3000|
|Ask||137.85 x 1400|
|Day's Range||137.02 - 138.39|
|52 Week Range||93.96 - 138.39|
|Beta (3Y Monthly)||1.05|
|PE Ratio (TTM)||30.61|
|Earnings Date||Jul 17, 2019 - Jul 22, 2019|
|Forward Dividend & Yield||1.84 (1.34%)|
|1y Target Est||143.16|
Yahoo Finance's Adam Shapiro fills you in on the latest news stories that you need to know.
ET spoke with the actress and her son, Kiyan, at the 2019 BET Awards. The 19th BET Awards air live from the Microsoft Theater on June 23, at 8 p.m. ET/PT on BET and streaming via the BET Now app.
U.S. consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of 25% tariffs on Chinese goods, slowing the U.S. innovation engine, technology industry executives said on Monday. Trump's administration is preparing to levy tariffs on an additional $300 billion worth of Chinese imports after a public comment period ends on July 2 if the U.S. and Chinese presidents cannot relaunch talks to end their trade war.
Microsoft’s total market cap of $974.2 billion makes it the new king of the Russell 1000, leapfrogging Apple, Alphabet and Amazon.com. Apple had held the top slot since 2012.
Always keep one eye on the so-called smart money. Yes, hedge funds don't always live up to the hype, and they're renowned for charging an arm and a leg. But considering they represent more than $3 trillion in assets under management and have built a reputation of having stock-market savvy, it's good to know what they're putting their capital toward - and they're often putting it toward blue-chip stocks.The folks at WalletHub keep regular tabs on stocks that hedge fund managers are buying, selling and holding every quarter. Combing through regulatory filings, WalletHub looks at the positions of more than 400 hedge funds, tallies their positions in individual stocks, then ranks those stocks by their total holdings value.These stocks are massive in market value, ranging from the hundreds of billions of dollars to more than $1 trillion. Indeed, their very size helps attract more institutional interest. Unsurprisingly, then, most of these stock picks are household names - a number happen to belong to Warren Buffett's Berkshire Hathaway portfolio.Here are hedge funds' 25 favorite blue-chip stocks to buy now. All these stocks likely appeal to the "smart money" because of their size and strong track records. But we'll delve into a few specifics that make each company special. SEE ALSO: The 19 Best Stocks to Buy for the Rest of 2019
Microsoft is a leader in the rapidly expanding cloud-computing market. Here is how Microsoft stock's technicals and fundamentals look before its Q1 report.
Velodyne LiDAR seems to be preparing for its IPO. The company “has hired bankers for an initial public offering,” Reuters said. According to the report, Velodyne LiDAR has chosen Bank of America Merrill Lynch, Citigroup, Royal Bank of Canada, and William Blair to work on its potential exchange listing.
Amazon announced they are setting up a beauty wholesale store. On that news ULTA Beauty is taking it on the chin. Here are two things I know: When Amazon announces they are entering a new space it's a good time to buy Microsoft , because they are about to pick up a whole host of new clients on Azure.
In a note on Monday, Oppenheimer analyst Ari H. Wald rated Microsoft stock a top buy based on its technical profile right now. Shares of Microsoft are up 35% so far this year, but many analysts see more upside to come based on steady growth in its Azure division coupled with its enterprise workflow product, Office 365, as well as its strong position in the booming games market. Microsoft's cloud gaming service, called xCloud, is expected to enter public beta in October.
Shares of Microsoft Corp. surged 0.9% in afternoon trading Monday, putting them on track for an 8th-straight gain, as Oppenheimer technical analyst Ari Wald said the software giant was a "top buy" given the long-term bullish technical backdrop. That would mark the second 8-day win streak this year, and third since it went 9-straight sessions ending Oct. 16, 2017 without a decline. The last time it rose for nine-straight days was the 9-day stretch ending Oct. 21, 2013. Microsoft's stock was also headed toward a 6th-straight record close day. "[Microsoft's stock] checks all our boxes," Wald wrote in a note to clients. "Key positives include the stock's bullish trend, high momentum score and top-down tailwinds based on our view that the technology sector is a prime candidate to be a key driver of the S&P 500's secular advance over the coming quarters to years." The stock has run up 35.4% year to date, as it continues to hold the top spot as the U.S.'s largest company by market capitalization, with a market cap of $1.054 trillion. The company is way ahead of second-place Amazon.com Inc. at $938.7 billion and third-place Apple Inc. at $919.3 billion.
Investing.com - Stocks basically stood still on Monday after a weekend of worry about global economic concerns and relief, perhaps, the United States didn't attack Iran over the downing of a spy drone last week.
Are you investing in Microsoft? Learn the main competitors of technology giant Microsoft and the stiff competition facing in this technology industry leader.
The one thing that Microsoft is widely known for is having no qualms about copying software and incorporating other company's software on its own platform, having a long and rich history of having done just that. There are many companies Slack might succeed in disrupting. Slack's disruptive narrative does not appear to be lining up with the facts, see the graph below.
If you're looking for a profitable portfolio of stocks that will offer the best of value and growth investing, try the growth at a reasonable price or GARP strategy.
(Bloomberg) -- Alphabet Inc.’s Google said it would invest 1 billion euros ($1.1 billion) to expand its data center infrastructure in the Netherlands.A new facility will be built in Agriport, about 30 miles north of Amsterdam, while an existing site about 130 miles further north, in Eemshaven, will be expanded.In a statement Monday, Joe Kava, vice president of Google’s Global Data Centers, noted that the Netherlands was attractive for its "ample sustainable energy sources."Tech companies are choosing to locate their data centers in regions of the world with access to renewable power, reducing their reliance on fossil fuels. Rich wind and hydroelectric resources, as well as cooler climates that help save on air conditioning, make places like the Netherlands prime destinations. Facebook Inc. has a facility in Lulea, northern Sweden, and Microsoft Corp.’s data center in the Netherlands is a regional hub for its cloud computing services.Google didn’t specify what its new facilities would be used for.In 2018, the search giant announced it had invested 1.5 billion euros into its Netherlands data center operations. The expansions announced Monday bring that total to 2.5 billion euros, it said.To contact the reporter on this story: Nate Lanxon in London at firstname.lastname@example.orgTo contact the editors responsible for this story: Giles Turner at email@example.com, Peter ChapmanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Microsoft is set to release its xCloud video-game streaming service this fall as it attempts to become the Netflix of gaming.
What a week! The Dow Jones Industrial Average climbed over 2%, after the Fed cheered investors by indicating that it will cut interest rates next month. That sent tech and energy shares soaring- with the Dow climbing nearly 250 points on Thursday and reaching a record high in early trading on Friday. However, shares pulled back later in the day after five Chinese companies were banned from buying US components without approval. Nonetheless the Dow is looking very strong right now- with the index up 15% year-to-date. In particular, the following five stocks are leading the pack in terms of year-to-date (YTD) performance. Here we turned to the Street to see whether these stocks still offer a compelling investing proposition. Here's what top-performing analysts have to say: 1\. Microsoft (MSFT)– up 35% YTDMicrosoft takes the award of best-performing Dow stock so far this year. The company has put on a remarkable sprint of over 30% year-to-date. And analysts are almost uniformly positive about the company’s outlook going forward. That’s despite the fact that the current average analyst price target of $143 only suggests upside potential of 4%. But if you take a longer-term outlook, the stock’s multiple opportunities quickly become apparent.One analyst singing MSFT’s praises is five-star KeyBanc analyst Brent Bracelin. He has just reiterated his Microsoft buy rating with a $143 price target. Bracelin made the call following a number of upbeat meetings with Microsoft Gaming executives. “Gaming represents a $100B+ TAM opportunity for Microsoft” commented Bracelin. “We see Microsoft Gaming as a small (9.4% of FY18 sales) but strategic growth segment where the transformation to a subscription-based model (i.e., the Netflix of gaming) could sustain healthy growth and improving margins over the next three to five years as it gains share within a $100B+ gaming industry” the analyst told investors on June 11. Meanwhile Morgan Stanley’s Keith Weiss calls Microsoft ‘the best positioned firm in tech for the emerging Hybrid Cloud architectures.’ He highlights the company’s unique position as both a top 'New Stack' share gainer and the 1 'Old Stack' share gainer.And let’s not forget the savvy deal Microsoft has just struck with Oracle. The two companies announced a “cloud interoperability partnership enabling customers to migrate and run mission-critical enterprise workloads across Microsoft Azure and Oracle Cloud.” Moreover, “by enabling customers to run one part of a workload within Azure and another part of the same workload within the Oracle Cloud, the partnership delivers a highly optimized, best-of-both-clouds experience.” “Given Microsoft’s Azure is the 2 public cloud vendor in the world and Oracle is the clear 1 database vendor with a strong 2 position in enterprise applications that includes a fast-growing SaaS portfolio, we believe the two clouds complement each other well” writes Monness analyst Brian White, adding that the deal is a positive for both companies. View MSFT Price Target & Analyst Ratings Detail 2\. Cisco (CSCO)– up 32% YTDClose on Microsoft’s heels comes networking giant Cisco Systems. Over the last three years, Cisco shares have doubled and the stock shows no sign of slowing down. Even in the last five days, shares have soared 4%. Even a ratings downgrade from William Blair analyst Jason Ader didn’t deter investors for long.The analyst cited "signs of tightening demand across the IT infrastructure universe" at the company. And this weaker demand environment "could pressure growth in Cisco's fiscal 2020, especially when compared against unusually strong demand in fiscal 2019," the analyst said.As a result, Ader concludes that upside to consensus 2020 expectations, "as well as multiple expansion, will be more challenging from here."Nonetheless, Cisco still boasts a ‘Strong Buy’ analyst consensus rating. The average analyst price target stands at $59 (4% upside potential). And with the ongoing trade war between US and China, Cisco continues to look relatively attractive to tech-focused investors. “Cisco remains our top pick for investors looking at safe havens in the current environment to navigate through the trade war noise,” commented JPMorgan analyst Samik Chatterjee recently. He notes that “relatively modest exposure to China and largely immune to any trade-related impacts.” View CSCO Price Target & Analyst Ratings Detail 3\. Visa (V)– up 31% YTDCredit card and payments giant Visa continues to outperform. And now top-rated Wedbush analyst Moshe Katri has raised his V price target from $170 to $187 (8% upside potential). According to Katri, Visa benefits from a double whammy of "strong secular growth tailwinds," and accelerated, ongoing monetization efforts. He is confident Visa can deliver annual growth of 10% to 15% in credit-card revenue and 20% growth in adjusted EPS over the next few years.Encouragingly, Cantor Fitzgerald’s Joseph Foresi also sees a whole ‘basket of catalysts’ for Visa stock. Note that Foresi is ranked 2 out of over 5,200 analysts - so he clearly knows what he is talking about when it comes to stock picking. Not only does the company have a leading credit card position, it also offers significant opportunities for growth internationally and digitally. “We like Visa’s opportunity to capitalize on the global conversion of cash into credit, international opportunities, and digital payment tailwinds. Visa has a basket of catalysts expanding its TAM including Visa Direct, contactless payments, & B2B to name a few” writes the analyst. “We remain attracted to Visa's dominant position in the global card network market and its strong, recognizable international brand” the analyst told investors. View V Price Target & Analyst Ratings Detail 4\. American Express (AXP)– up 31% YTDVisa isn’t the only credit card company delivering sizable gains. AXP is also up over 30% year-to-date. What sets AXP apart is that it is one of only a few financial service companies capable of both issuing and processing electronic payment cards. This means the company can generate revenue from interest earning products on top of network processing transaction fees.For Merrill Lynch’s Jason Kupferberg the company continues to look undervalued. He has just reinstated coverage of AXP with a buy rating with a Street-high price target of $145. From current levels this suggests shares can surge a further 17% in the coming months.He calls the company’s credit card membership program “a worthy investment which offers customers unique experiences beyond traditional rewards points.” And even though costs have been rising as a proportion of revenue, the analysts writes that he has nevertheless “been pleasantly surprised to see [American Express] strategically raise card fees to help offset these costs.”View AXP Price Target & Analyst Ratings Detail 5\. Disney (DIS)– up 28% YTD Walt Disney Co is enjoying a wild ride so far in 2019. The company is gearing up for the launch of its highly anticipated Disney+ streaming service in November. “Disney is our top pick in the content space as we reiterate our Buy rating and raise our price target to $175” cheers Rosenblatt analyst Mark Zgutowicz. Meanwhile Loop Capital’s Alan Gould sees Disney +’s first year subscriber count topping the 10M consensus. Plus excitement is building over the opening of its highly anticipated $1 billion theme park expansion Star Wars: Galaxy’s Edge. Starting June 24, the park will be open to the public without reservations. “The segment has been a key growth driver for the company over the last few years… Given the incremental returns from investment we are encouraged the company continues to invest in this segment with Star Wars Galaxy Edge” commented Zgutowicz. As if that wasn’t enough, Disney’s 2019 blockbuster Avengers: Endgame is now the second-highest grossing movie of all-time worldwide. And now Disney plans to rerelease the movie with additional scenes- a sneaky attempt to topple box-office leader Avatar from first place according to commentators.However, Imperial Capital’s David Miller has a word of warning for investors. He has just downgraded DIS from Buy to Hold, writing: "The core rationale for lowering our rating to In-Line is simply due to the fact that the stock has performed consistent with our previous Outperform rating.”“Most of the catalysts we focused on at the time of that ratings change: the film slate, the opening of the two Star Wars lands, the disposal of the Regional Sports Networks, the Disney+ analyst day, and the re-financing of the various 21st Century Fox legacy debt tranches, have either happened, or are set to happen, and at a record multiple on 2021 earnings, are pretty much built in to the stock, in our view" the analyst concludes. View DIS Price Target & Analyst Ratings DetailDiscover the Street's best-rated stocks over the last 7 days here
Business Journal Managing Editor Rob Johnson recaps the week in Seattle business news and looks at the week ahead, including an interview with the CEO of the region's newest unicorn.
It's a good time to be a Windows power user. Microsoft has released a preview version of Windows 10's redesigned Terminal (known as just Windows Terminal) through its app store, giving you a considerably more powerful command line tool. You can run the Command Prompt, PowerShell and Linux features from one central place, complete with tabs, a hardware-accelerated text engine and extensive customization -- it's just what you've wanted if you thought the all-black background was a little too austere.