104.41 -0.50 (-0.48%)
After hours: 7:59PM EDT
|Bid||104.32 x 1200|
|Ask||104.58 x 1800|
|Day's range||104.51 - 105.82|
|52-week range||71.28 - 105.82|
|PE ratio (TTM)||70.93|
|Earnings date||19 Jul 2018|
|Forward dividend & yield||1.68 (1.65%)|
|1y target est||112.56|
Large companies are shifting more workloads to the cloud and continue to spend most on Amazon.com Inc.’s Amazon Web Services, though Microsoft Corp.’s Azure is gaining ground, Goldman Sachs Group Inc. reports. Asked which public-cloud providers they currently use for infrastructure-as-a-service, 56% of chief information officers at large public firms cited AWS, followed by 49% who cited Azure, the report said. The next closest cloud services for IaaS were Alphabet Inc.’s Google Cloud, Dell Technologies Inc.’s VMware and Oracle Corp.
SAP (SAP) aims to double its CRM (customer relationship management) software sales in two years, according to Reuters. SAP seems to be excited by the CRM software market’s healthy growth. “In 2018, CRM software revenue will continue to take the lead of all software markets and be the fastest growing software market with a growth rate of 16 percent,” Gartner said in a release.
Microsoft (MSFT), a cloud provider to the US government, has several contracts with federal agencies, including ICE (Immigration and Customs Enforcement). As a result, hundreds of Microsoft employees have denounced the company’s work with the agency, demanding that the company cancel the contracts. Microsoft has since clarified that it was not working with the government on any project that involves splitting families.
Manhattan-based start-up CTRL-labs is developing a wearable that allows people to control computers, robots and applications by tracking the electrical activity generated when a person thinks about moving. Backed by tech giants Amazon AMZN and Alphabet GOOGL , the company is building neural interfaces to make our interactions with technology more fluid, to the point where devices feel like they become part of you. The company is founded by Patrick Kaifosh and Thomas Reardon, both of whom have PhDs in neuroscience from Columbia University.
Dollar for dollar, the beleaguered movement to bring charter schools to Washington state has had no bigger champion than billionaire Bill Gates. The Microsoft co-founder gave millions of dollars to see a charter school law approved despite multiple failed ballot referendums. All told, the Bill and Melinda Gates Foundation has given about $25 million to the charter group that is credited with keeping the charter schools open after the state struck down the law, and then lobbying legislators to revive the privately run, publicly funded schools.
“If you strip out a handful of outperforming tech stocks, the lack of breadth in the equity markets is troubling,” says BlackRock CEO Larry Fink. Amazon, Netflix, Microsoft and Apple are responsible for 83 percent of the S&P 500’s gain in 2018. “We are at a pivotal point.
Microsoft (MSFT) has continued to generate strong free cash flow in the last five years. Strong growth in revenue across all its segments coupled with a large number of contract wins, particularly in the cloud domain, has helped the company to maintain such free cash flow growth. In the last five quarters, Microsoft also generated free cash flow at an average of $8.5 billion every year.
Microsoft has been hiring and training people to help it better address key industries, including retail. The company has seen an increase in cloud partners. Microsoft MSFT has made progress in important ways following changes instituted in its sales organization last year, according to executives there.
The PC industry benefited in the second quarter from improving demand from business customers owing to migration to Windows 10.
How is the gaming business performing? Microsoft’s (MSFT) gaming business is mainly driven by its Xbox gaming consoles and Xbox Live. The launch of Xbox One X last November has helped the company boost its gaming business.
Expanded partnership will help industrial companies capture greater intelligence from IoT and asset data, boosts GE innovation across its business
Microsoft (MSFT) continues to maintain strong growth in unearned revenue mainly triggered by its higher number of contract wins. The company expects unearned revenue in fiscal Q4 2018 to grow in the range of 38% to 39% as compared to Q3 2018. In the graph above, we can see the growth of unearned revenue for Microsoft in the last five quarters.
The feeling in the air is a bit like the first day of school, and new hires are taking selfies outside in front of a big Microsoft logo. Hood tells the crowd that her job as chief financial officer is not simply to balance the books and plan spending, although she’s pretty good at that.
Microsoft is actively working on a new line of phones based on Android software due for release sometime in early 2019, according to a new Windows Latest report
Netflix, Microsoft and Goldman Sachs are slated to report this week. Analysts have forecast 20 percent earnings growth in the second quarter. Netflix NFLX is among the corporates that will lead the week's earnings announcements, with the streaming giant slated to report on Monday after the market close.
Investing.com - Geopolitics could hang over the market in the coming week, as investors look ahead to an unprecedented meeting between U.S. President Donald Trump and Russian President Vladimir Putin on Monday.