Company
Memex Automation
CVE:OEE
Memex Automation is the leader in real-time shop-floor-to-top-floor technology solutions. Memex’s flagship product MERLIN delivers Overall Equipment Effectiveness (OEE) metrics in real-time, enabling manufacturers to enhance production and increase income and profits from operations.
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Microsoft loses its Teflon-like aura but can ride out the economic storm, Wedbush analysts say
Analysts at the broker kept an outperform rating on the tech giant and said today's weakness in the share price represented a buying opportunity.
Microsoft tops expectations despite slow down in cloud growth
Amy Hood, executive vice president and chief financial officer of Microsoft said: “We continue to see healthy demand across our commercial businesses including another quarter of solid bookings as we deliver compelling value for customers.”
Earnings growth to continue slowing warn analysts ahead of Microsoft, Alphabet and other big tech results
Analysts at UBS noted that even with estimates being cut, earnings growth is the slowest since the pandemic-affected final quarter of 2020
Microsoft confirms job cuts as it expects growth to slow - CNBC
In July, Microsoft said it expected about 10% revenue growth in its fiscal first quarter, slower than it has been in more than five years
UK regulator raises concerns over Microsoft Corporation merger with Activision Blizzard
“We are concerned that Microsoft could use its control over popular games like Call of Duty and World of Warcraft post-merger to harm rivals," said the CMA
Microsoft misses on fiscal 4Q estimates, but meets own projection on revenue
Total revenue hit US$51.9 billion, less than analyst estimates of just over US$52.8 billion, but still 12% above the comparable year-ago quarter’s profit of US$46.2 billion
US stocks stumble into the red Tuesday as focus remains on earnings and Fed rate decision
The Dow closed Tuesday down 228 points, 0.7%, at 31,762, the Nasdaq Composite lost 220 points, 1.9%, to 11,563 and the S&P 500 slid 46 points, 1.2%, to 3,921
Will the tech earnings season make or break the struggling cryptocurrency markets?
Crypto has historically trended with large-cap tech stocks, but in a year full of surprises, nothing is a given
Bitcoin and Ethereum open strong as extreme fear hits a record run
Decentralised finance space surpasses US$80bln in total value locked
Hardware & electrical equipment
US earnings season in next weeks could turn the tide on tech sector - analyst
The view from broker Wedbush is that much of the worst fears "is already baked into tech stocks at current levels"
Gucci to accept cryptocurrencies in US stores
The move marks a major endorsement of crypto by a leading luxury brand
Microsoft reassurance 'for the ages' calms Wall Street nerves after tech bloodletting
The optimism is not universal, with some saying the tech bubble is burst