Five top athletes get disqualified from the Beijing Olympics ski jumping final. But the ski suit violations seem to be sparking more conversation than who got the gold. A Chinese speed skater trips a fellow women’s division competitor. Accusations are mounting over whether it was on purpose. But that’s not all. In the men’s category,…
‘Environmental, Social, and Corporate Governance’ Scores Are Changing the Oil Industry
February 6, 2022
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Environmental, social, and corporate governance—better known as ESG—is the order of the day in big business. According to its advocates, ESG rating provides investors with useful information on risks arising from climate change, pollution, and other environmental issues. Yet much of that information isn’t financially material. BlackRock, the world’s largest asset manager, notes on its…
Microsoft, Intel, GE Provide ‘Direct Support’ to Chinese Military, State Security Bodies: Report
February 5, 2022
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Eight major U.S. tech companies have business links to the Chinese military and security apparatus, according to a new report by the Washington-based advocacy group Victims of Communism Memorial Foundation (VoC), and Horizon Advisory consultant group. “In their endeavor to capture Chinese markets and boost their bottom lines, American corporations have increasingly supported Beijing’s military modernization,…
Apple, Microsoft Set Positive Tone Ahead of Another Key Earnings Week: Analyst Says Tech Stocks Are Oversold
Apple Inc. and Microsoft Corporation, which released their quarterly earnings data last week have set a positive tone for the upcoming week, which will see other tech stalwarts release their own numbers. What Happened Wedbush analyst Dan Ives said in a recent note that tech stocks “way oversold on Fed fears.” The analyst noted a…
Microsoft Analysts See a Bright Future Following Strong Q2 Earnings; Cloud Computing a Major Driver
Microsoft Corporation shares are advancing strongly following the release of the company’s quarterly results. The Microsoft Analysts Piper Sandler analyst Brent Bracelin maintained an Overweight rating and a $352 price target on Microsoft shares. Rosenblatt Securities analyst Blair Abernethy maintained a Buy rating and a price target of $349. Wedbush analyst Daniel Ives has an Outperform…
Nasdaq Futures Jump 2 Percent After Microsoft’s Strong Forecast; Fed Decision Looms
U.S. stock index futures jumped on Wednesday following two days of turbulent trading, helped by stellar results from Microsoft, while investors looked to the outcome of the Federal Reserve’s policy meeting. Microsoft Corp. gained 3.9 percent premarket after the Windows maker forecast revenue for the current quarter broadly ahead of Wall Street targets, driven in…
Why This Popular Analyst Believes Microsoft Will Announce Another ‘Robust’ Quarterly Earnings on Tuesday
Wedbush analyst Daniel Ives said in a note that Microsoft Corporation’s “underlying growth story is built around the game-changing enterprise cloud transformation.” The Microsoft Analyst Ives has an “outperform” rating on the Satya Nadella-led company with a 12-month price target of $375. The Microsoft Thesis Writing ahead of Microsoft’s second-quarter earnings due Tuesday, Ives said—based…
The Inside Story of How Bill Gates and Microsoft Earned a 400 Percent Return on Comcast
Bill Gates and Microsoft Corporation recognized the true potential of high-speed data and video services through a cable delivery network back in the 1990s. Microsoft announced it invested $1 billion in Comcast Corporation in 1997 to enhance the deployment of Comcast’s network to better deliver broadband capabilities. Comcast CEO Brian Roberts discussed how the deal…
Microsoft’s 10 Biggest Acquisitions of All Time: Activision, LinkedIn and More
Microsoft Corporation on Tuesday announced plans to acquire game developer Activision Blizzard Inc for $95 per share. The proposed all-cash transaction would be Microsoft’s largest acquisition ever, valued at $68.7 billion. If the deal goes through, Microsoft would further strengthen its position in the gaming market via Activision’s iconic franchises including “Call of Duty,” “Warcraft,”…
This Storage Unit Stock Has a Better 1-Year Return Than Microsoft, Apple, Starbucks and Moderna
Public Storage helps organize and store your belongings, and over the past year delivered astonishing returns. Since January 2021, Public Storage stock’s one-year return has outperformed several of the world’s most popular tech and growth stocks: Microsoft Corporation, Apple Inc., Wells Fargo & Co. and Moderna Inc.. Public Storage is a Glendale, California-headquartered REIT that primarily acquires, develops, owns and…
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