|Bid||0.00 x 3000|
|Ask||0.00 x 2200|
|Day's range||137.33 - 139.19|
|52-week range||93.96 - 140.67|
|Beta (3Y monthly)||1.02|
|PE ratio (TTM)||27.36|
|Earnings date||22 Oct 2019 - 28 Oct 2019|
|Forward dividend & yield||1.84 (1.35%)|
|1y target est||153.00|
The Pentagon is preparing to award Amazon or Microsoft a $10 billion contract. But what is Project JEDI?
Enphase, AAR, Science Application, Cisco and Microsoft highlighted as Zacks Bull and Bear of the Day
Microsoft Corp agreed on Monday to pay about $25.3 million (£20.3 million), including a criminal fine, to settle U.S. charges it made improper payments that were used to bribe government officials in Hungary and other countries. The U.S. Department of Justice said Microsoft Hungary will pay the $8.75 million criminal fine, as part of a three-year non-prosecution agreement in which it "admits, accepts and acknowledges" responsibility for employees' misconduct. Microsoft also agreed to pay nearly $16.6 million to settle related civil charges by the U.S. Securities and Exchange Commission over its activities in Hungary, Saudi Arabia, Thailand and Turkey, without admitting wrongdoing.
Markets closed lower on Friday after a report stated that Fed officials would reduce the benchmark interest rates in its next meeting by only a quarter percentage points.
Cloud infrastructure platform Azure’s revenue growth decelerates again in its latest quarterly earnings, but its margins are improving.
OpenAI was founded in 2015 as a nonprofit with $1 billion in funding from Silicon Valley investors Sam Altman, Peter Thiel and LinkedIn co-founder Reid Hoffman, among others. Since its founding, OpenAI has employed artificial intelligence researchers to make advances in the field, such as teaching a robotic hand to perform human-like tasks entirely in software, cutting down the cost and time to train robots. OpenAI said the Microsoft investment would help it pursue "artificial general intelligence," or AGI.
Microsoft has pumped $1bn into Silicon Valley’s most ambitious artificial intelligence research group in pursuit of the ultimate AI dream: a vast, artificial human brain that can run on Microsoft’s globe-spanning cloud computing system. The cash infusion spells a new lease of life for OpenAI, which was set up four years ago by tech luminaries including Elon Musk and Peter Thiel out of a concern that AI would end up destroying the human race. this year, with Mr Musk no longer involved and Reid Hoffman, the venture capitalist and founder of LinkedIn, stepping in to become the biggest individual backer.
Software maker Microsoft on Monday agreed to pay more than $25m to resolve US government charges into alleged violations of US anti-corruption law. The Department of Justice alleged that between 2013 and 2015 one senior executive and other employees of Microsoft Hungary “participated in a scheme to inflate margins in the Microsoft sales channel in connection with the sale of Microsoft software licenses to Hungarian government agencies”. It said executives at the subsidiary “falsely represented” to Microsoft that they needed discounts to conclude deals but failed to pass the discounts on to customers.
Microsoft's strong Q2 earnings, propelled by its cloud segment, is a very positive signal to the rest of the cloud space. It illustrates that demand for cloud technology is still strong.
Investing.com – What started as a solid stock market rally Friday was mostly wiped out by rising tensions in the Persian Gulf.
After making headlines with its astonishing public debut without the help of bankers, Slack (WORK) seems to have lost steam in July.
U.S. stocks pulled further back from their records on Friday to cap the weakest week for the S&P 500 since May. Reined-in expectations for how deeply the Federal Reserve will cut interest rates at its next meeting also weighed on stocks. The S&P 500 fell 18.50 points, or 0.6%, to 2,976.61.