Microsoft (MSFT) is one step closer to closing its deal for Activision Blizzard (ATVI) after UK regulators accepted some of the changes Microsoft made to get the regulators' sign-off. Microsoft made concessions on cloud gaming in order to get the approval. Wedbush Managing Director of Equity Research Michael Pachter says Microsoft is making a "brilliant" move in terms of cloud gaming, one he likens to Netflix's business model. Watch the video above to find out why. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Investors are left in a tough situation after an illuminating press conference where Fed Chair Jerome Powell poured cold water on optimists.
Most investors classify Nvidia (NASDAQ: NVDA), Apple (NASDAQ: AAPL), and Microsoft (NASDAQ: MSFT) as growth stocks, and for very good reason: Since Nvidia was listed on the public markets in 1999, it has gained roughly 176,000%.