Bitcoin and Ethereum open strong as extreme fear hits a record run
Decentralised finance space surpasses US$80bln in total value locked
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NASDAQ:MSFT
Microsoft Corp is a technology company. The company develops and supports software, services, devices and solutions. Microsoft Corp’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing.
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Decentralised finance space surpasses US$80bln in total value locked
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The view from broker Wedbush is that much of the worst fears "is already baked into tech stocks at current levels"
The move marks a major endorsement of crypto by a leading luxury brand
The optimism is not universal, with some saying the tech bubble is burst
The software giant reported revenue of $49.36 billion in the third quarter, compared with $41.7 billion a year earlier, versus average estimates of $49.05 billion
Consensus analyst estimates have Microsoft reporting revenue for 3Q of about US$49 billion or $2.18 per share
“We may be reaching the stage of the market cycle where fundamentals and valuation really do matter much more than financial engineering,” said one analyst
As the Federal Reserve’s two-day policy meeting begins, investors will be looking for updates on when the central bank will raise interest rates and by how much
Capricorn Energy and TI Fluid Systems are in London's corporate diary, with 3M, American Express, General Electric, Johnson & Johnson, Verizon Communications Inc announcing in New York pre-market open
Credit Suisse said intellectual property and development capability would be the attractive qualities for potential bidders, while Shore Capital said UK video gaming companies possess similar qualities to those recently acquired
Big-name game franchises could play a major factor in the battle between Xbox and Playstation.
The all-cash deal values Activision shares at US$95 each, a 46% premium to the close last night
Private sector researchers have described the situation as if the “internet is on fire”
Cloud sales jumped by almost $4bn (£2.91bn) from a year ago
Companies often buy back shares even whether the price is high or low, which most investors would view as not the most effective use of cash
It is the 12th straight September where the Redmond outfit has added to its quarterly payout
In a research paper, the tech giant proposed a blockchain-based system, built on the Ethereum network, that is designed to incentivise users to participate and reinforce anti-piracy campaigns
Investors were likely spooked by slower growth than expected at the cloud-services business, prompting a 3% fall of the stock
Headline numbers should comfortably beat the market’s US$44bn and $1.90 estimate.
Tensions are rising over state-sponsored cybercrime and espionage.