As Wall Street continues to face volatility caused by indecisiveness over the stimulus deal, investors need to watch reports of major companies including Advanced Micro Devices, Microsoft, Apple, Facebook, and Tesla.
Tag: Microsoft Corp
Microsoft Joins General Motors To Commercialize Cruise Self-Driving Electric Vehicles
Microsoft is collaborating with Cruise, GM, to commercialize self-driving vehicles. A combined equity investment of over $2 billion was raised, valuing Cruise at $30 billion. Shares of GM jumped post the news.
Microsoft to Establish 3 Data Centers in Greece Investing €1 billion
Monday, 5 October 2020 the agreement signed between Greece and Microsoft provides for the construction of three data centers in the metropolitan area of Athens. The announcement comes as the Conservative government sets out to gradually simplify the country’s utility websites. No precise date has yet been announced for the opening of these future data […]
Dow and S&P 500 pare gains, Amazon up 2.5%
Jeff Bezos, president and CEO of Amazon and owner of The Washington Post, speaks at the Economic Club of Washington DC’s “Milestone Celebration Dinner” in Washington, September 13, 2018. Joshua Roberts | Reuters 10:35 am: Wall Street’s fear gauge falls below 60 The Cboe Volatility Index, Wall Street’s preferred fear gauge, fell to its lowest level […]
Microsoft Build in-person events canceled
Satya Nadella, chief executive officer of Microsoft Corp., pauses during a Bloomberg event on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2020. Simon Dawson | Bloomberg | Getty Images Microsoft said Thursday that its annual Build developer conference in Seattle, set to run from May 19-21 will […]
Make the best of being home due to coronavirus closures
From quarantines to working remotely, precautions are being taken across the U.S. in response to the spread of coronavirus. If you find yourself stuck at home, there are ways to make the best of a bad situation, according to “Shark Tank” investor Daymond John. “You have to make sure that you take that time to […]
Microsoft says two employees have been diagnosed with coronavirus
Chief Executive Officer of Microsoft, Satya Narayana Nadella speaks during a presentation at the Mobile World Congress (MWC), on the eve of the world’s biggest mobile fair, on February 24, 2019, in Barcelona. GABRIEL BOUYS | AFP | Getty Images Two Microsoft employees in Washington state have contracted the coronavirus. They are among the more […]
The Dow just lost 12% in one week. Here’s why and what likely happens next
The U.S. stock market suffered a historic pullback this week as the coronavirus spread outside of China, spooking investors and traders out of equities. The Dow Jones Industrial Average and S&P 500 each dropped 12% and 11% for the week, respectively, marking their worst weekly performance since the financial crisis. The 30-stock Dow posted its […]
Dow plunges 1,100, worst point drop in history, will Fed act?
This is a live blog. Check back for updates. 4:01 pm: Dow ends wild day down nearly 1,200 points The Dow tanked about 1,191 points, falling into correction territory, as coronavirus fears continued to drove investors away from risk assets. The 30-stock benchmark dropped 4.4% for its worst percentage day since Feb. 2018. On the […]
Goldman sees zero earnings growth for US companies this year because of coronavirus
Apple staff and customers, wearing facemasks to protect against the COVID-19 coronavirus, are seen on the shop premises in Beijing on February 22, 2020. Nicolas Asfouri | AFP | Getty Images Earnings growth for U.S. companies will be stagnant in 2020 as a result of the coronavirus, according to Goldman Sachs. The Wall Street firm […]