|Bid||98.20 x 800|
|Ask||98.21 x 1200|
|Day's Range||97.30 - 100.10|
|52 Week Range||68.02 - 102.69|
|PE Ratio (TTM)||66.61|
|Earnings Date||Jul 19, 2018|
|Forward Dividend & Yield||1.68 (1.67%)|
|1y Target Est||111.06|
Microsoft may be readying a new weapon that could shift the balance in the
Some tech companies are facing backlash over their work with U.S. Immigration and Customs Enforcement (ICE). TechRepublic senior reporter Dan Patterson joined CBSN to explain how tech companies are dealing with the issue.
Previously, we discussed what factors could boost the US dollar (UUP), which has a significant bearing on Oracle’s (ORCL) top line. Let’s now look at how Oracle’s cloud offerings performed in fiscal Q4 2018. During the quarter, Oracle’s cloud services and license support revenue grew 8% to $6.8 billion, contributing 60% of the company’s overall revenue. Cloud license and on-premises license revenue fell 5% to $2.5 billion.
According to the company, Intel discovered a past consensual relationship with another Intel employee. Stranger still is the fact that Intel stock initially rose on the news, opening up almost 2% before reversing.
Microsoft (MSFT) is indicating that it isn’t prepared to let Alphabet’s (GOOGL) Google run away with the multibillion-dollar education technology market. The global education technology market is poised to grow to $40.9 billion by 2020, from $17.7 billion in 2017, according to consulting firm Frost & Sullivan.
Oracle (ORCL) appears to be lagging in the competition to Amazon (AMZN) and Microsoft (MSFT) in the cloud computing business. According to J.P. Morgan analysts, Oracle is slipping among enterprise technology buyers.
Azure has replaced Windows as Microsoft's key enterprise offering and is set to top $100 billion in revenue over the next decade, according to Atlantic Equities. Analyst James Cordwell rates Microsoft stock as overweight, and his price target of $125 represents 24 percent upside from Friday’s close. “While Azure is not going to establish the monopoly position that Windows enjoyed, we believe it is addressing a much larger market," Cordwell says.
VMware (VMW) may have chosen Amazon (AMZN) to back the bulk of its cloud offerings, but customer demand is pushing it to consider working with other cloud vendors. As a result, VMware plans to expand its cloud computing relationship with Microsoft (MSFT) and Alphabet’s (GOOGL) Google. “We have interest from our customers to expand our relationships with Google, Microsoft and others,” VMware’s CEO, Patrick Gelsinger, noted on CNBC recently.
According to Newzoo, the top 25 publicly traded gaming firms accounted for 77% of total gaming revenue in 2017. Sony (SNE), Apple, and Microsoft (MSFT) saw revenue growth of 35%, 20%, and 9%, respectively, in 2017. In the below table, we can see that Activision Blizzard (ATVI), NetEase (NTES), Google (GOOG), and Electronic Arts (EA) managed to increase revenue by 4%, 33%, 35%, and 10%, respectively, last year.