161.60 +1.37 (0.86%)
After hours: 6:32PM EDT
|Bid||160.00 x 1100|
|Ask||160.19 x 1800|
|Day's Range||150.30 - 160.60|
|52 Week Range||118.10 - 190.70|
|Beta (5Y Monthly)||1.09|
|PE Ratio (TTM)||27.91|
|Earnings Date||Apr. 21, 2020 - Apr. 26, 2020|
|Forward Dividend & Yield||2.04 (1.36%)|
|Ex-Dividend Date||May 19, 2020|
|1y Target Est||189.68|
Yahoo Finance’s Dan Howley joins Seana Smith to discuss Microsoft's big changes to its Office software on Monday.
Microsoft today announced a ton of new features for its productivity apps, but it also used today's release to highlight a few new features that are coming to its Chromium-based Edge browser in the near future. Most of these are pretty straightforward and expected, like its Collections bookmarking feature coming to mobile later this year, but some are quite a surprise. Microsoft clearly doesn't think of it that way.
Microsoft makes strong rebound from 200-day/40-week line. RS line at highs already. Has a 190.80 buy point if it can build the right side of its base.
The stock market rally continues and three top stocks are making bullish moves: Amazon, Microsoft and Domino's Pizza.
Microsoft (MSFT) recently announced that it will divest its stake in AnyVision startup, which is focused on facial recognition technology.
U.S. stocks rose on Monday, led in part by healthcare stocks as investors looked for shares that have become cheap and can withstand the impact to the economy from efforts to stem the spread of the coronavirus. The S&P healthcare sector jumped 4.67%, in part due to gains in Johnson & Johnson and Abbot Laboratories. Abbott Laboratories climbed 6.41% after winning U.S. approval for a diagnostic test for COVID-19.
Microsoft (MSFT) is well poised to gain from robust adoption of Teams, on improving capabilities of the platform to aid users work from home amid coronavirus crisis.
(Bloomberg) -- Microsoft Corp. unveiled a consumer subscription service with added Office programs and tools to protect children and older adults, part of an effort to shift more customers to ongoing payment plans that provide a smooth revenue stream.Microsoft 365 Personal and Family will begin rolling out April 21 at $6.99 a month for an individual and $9.99 a month for the family edition, which includes six users. That’s the same price as the previous Office 365 consumer products, which have more than 37 million subscribers, said Yusuf Mehdi, a Microsoft vice president. Features will continue to be made available over the few months, he said.The company is adding services such as Microsoft Editor, an artificial-intelligence powered program for Word, Outlook email and the web browser that gives suggestions about how to make writing more concise, inclusive and grammatical. There’s also a presentation coach for the PowerPoint slideshow program that lets users practice in front of their laptops or phones — the app will point out, for example, if presenters are turning away from their audience too often or resorting to the word “um.” Excel will get a new service to track and analyze personal spending through a partnership with Plaid Technologies Inc. that lets customers import data from banking and checking accounts.Microsoft is trying to shift more corporate and consumer users to ongoing subscriptions delivered via the cloud and eliminate the need to persuade them to upgrade to new software every few years. As part of the package, a new parental-control app lets users track what children are doing on a variety of devices and set activity limits on Window 10 devices, Xboxes and Android devices. Apple Inc.’s iOS will be added in the future, Mehdi said. Customers can also set geofencing areas on devices that set off an alert, if for example, a child leaves school at an unexpected time, or an elderly parent wanders off. A child can turn off the controls, which would also alert the parent, Mehdi said, enabling a further conversation.“It’s really up to the parent and child to have a dialogue on do these features get turned on or not,” he said. “We’re just trying to provide the powerful tools. We want to respect the privacy of people to use their phones.”The company is also offering its Teams corporate messaging and conferencing service, which is being used more as employees work from home during the Covid-19 outbreak, for chat among family groups. For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Apple (AAPL) collaborates with CDC, the White House Coronavirus Task Force and FEMA to launch a coronavirus app and website to combat the COVID-19 pandemic.
(Bloomberg) -- Microsoft Corp.’s agreement to acquire 5G software maker Affirmed Networks Inc. valued the company at about $1.35 billion, according to people familiar with the matter.Microsoft announced the deal on Thursday without disclosing financial details.Microsoft already serves telecom customers and struck an agreement with AT&T Inc. last year with the aim of moving more the carrier’s network to its platform. Microsoft has been building its cloud computing operations through acquisitions. In 2018, it bought privately held GitHub for $7.5 billion.Affirmed Networks also held talks with Samsung Electronics before its deal with Microsoft came together, one of the people said.Pete Wootton, a spokesman for Microsoft, declined to comment on the price. A representative for Affirmed Networks also declined to comment. Samsung didn’t respond to a request for comment.Microsoft shares fell 4.1% Friday to close at $149.70.The introduction of 5G is just starting, with test projects by carriers such as AT&T generally limited to select big cities. Nationwide U.S. coverage may take years. But tech giants and telecom industry incumbents have been angling for a slice of the market for edge computing and going after big corporate customers. The White House has made 5G a linchpin of its tech policy, particularly as it tries to suppress the global expansion of China’s Huawei Technologies Co.The networking industry is transitioning away from expensive fixed purpose machines that take care of specific parts of the job of managing the flow of data to software that resides in remote data centers. The aim is to make the things cheaper and more flexible.Affirmed Networks helps build virtual networks for telecom customers using 5G technology. It was founded in 2010 and had raised about $240 million in funding, according to Pitchbook Data. It raised financing just last month at a $1.35 billion valuation, people familiar with the matter said.Affirmed Networks said on Thursday that it was replacing its chief executive officer with one of its founders, Anand Krishnamurthy.Affirmed Networks, based in Acton, Massachusetts, is backed by investors including Qualcomm Ventures and Centerview Capital Technology Management, the venture arm of investment bank Centerview Partners, as well as by Lightspeed Management, CRV and Bessemer Venture Partners,(Updates with line on Samsung’s interest in fourth paragraph, adds share price in sixth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The decision marks a policy change for the Redmond, Washington-based software maker, which has aimed to shape how the technology industry approaches facial recognition. Microsoft has laid out principles to guide its own development of the technology, saying it should perform without bias and must not impinge on democratic freedoms. Civil liberties groups have said police use of facial recognition could lead to unfair, arbitrary arrests and limit freedom of expression.
Earlier this year, Microsoft made waves in the corporate community by coming out with one of the most ambitious and wide-ranging strategies to reduce carbon emissions from the company's operations. Part of that plan was a $1 billion fund that would invest in climate change mitigation technologies -- specifically focused on decarbonization. According to sources -- and a LinkedIn profile search -- it appears that Brandon Middaugh is taking point on the investment fund.
Yandex (YNDX) rolled out a project called Helping Hand, which will manage transportation, medicinal deliveries, and food and other essential commodity supplies to fight COVID-19 pandemic.
The pandemic may be taking a toll on markets right now but this temporary phase offers investors a window to buy equities that have a record of performing better than the broader markets.