Federal authorities obtained communications from Project Veritas emails dating back to early 2020, the nonprofit journalism group alerted a federal judge on March 22. Search warrants and non-disclosure orders obtained by Project Veritas and submitted to the judge show that the government ordered Microsoft, which the nonprofit uses for its email accounts, to hand over…
US Authorities Secretly Accessed Project Veritas Emails: Court Documents
Dan Ives Sees ‘Bright Green Light’ Buying Opportunity for Apple, Microsoft, and Google
After the U.S. Federal Reserve turned more hawkish and announced it will do whatever it takes to fight rising inflation, the markets rallied. Many were left puzzled by the strong response in the markets as higher rates tend to negatively impact earnings, but Wedbush analyst Dan Ives says it makes a lot of sense. “I think it’s a bright…
Jefferies Sees Potential in Microsoft’s Power Platform
Jefferies analyst Brent Thill notes Microsoft Corp.’s emerging Power Platform has “an outsized impact via a halo effect” on the entire Microsoft suite. Thill describes the Power Platform as “a multi-billion dollar growth pillar” and the company’s “next growth engine.” He sees the Power Platform’s long-term user opportunity at one billion-plus from under 20 million users. Thill reiterated a Buy…
A Major US Company Hacked by China Agrees to Help China
Commentary A little over a year ago, a global wave of cyberattacks and data breaches rocked the world. After successfully breaching Microsoft Exchange Servers, attackers gained full access to hundreds of thousands of emails, passwords, and sensitive files. A quarter of a million servers fell victim to the attacks, including at least 30,000 organizations in…
Microsoft Talks About Its Fourth Data Center in India
Microsoft Corp. shared its fourth data center plan in India. It will establish the data center in Hyderabad, Telangana. Microsoft India head Anant Maheshwari said the company was making long-term investments in the country, Reuters reports. However, he declined to confirm reports of a $2 billion price tag for the latest center. “A public cloud data center…
Why Apple, Microsoft and Other Big Buyback Stocks Are Crushing the S&P 500’s Returns
Some long-term valuation models are projecting negative overall returns for the S&P 500 over the next decade. Analysts are expecting rising interest rates to weigh on earnings growth, so companies may start turning to more aggressive share buybacks to boost EPS. Deep Pockets In the third quarter of 2021, Apple Inc. led all S&P 500…
Chart Wars: Between Apple and Microsoft, Which Tech Stock Offers Better Risk-Reward?
Apple Inc. and Microsoft Corporation were trading up 1.62 percent and 1.44 percent off the open, respectively, early on Monday morning but began to sink slightly by midday following reports that the negotiations between Russian and Ukrainian delegations sent to Belarus won’t immediately result in any agreement between the two countries. The SPDR S&P 500,…
Microsoft Looks to Use 5G Wireless to Make Cloud Faster
Microsoft Corp. looks to use the 5G equipment of partners like AT&T Inc. to provide some processing power located even closer to some customers than regional datacenters, Bloomberg reports. AT&T aims to bring private 5G wireless networks to businesses, universities, and the public sector, using Microsoft technology. Microsoft partner Lockheed Martin Corp. collaborated with Microsoft on highly secure 5G…
Buffett’s Berkshire Bought Activision Shares Before Microsoft Takeover
Warren Buffett’s Berkshire Hathaway Inc. acquired nearly $1 billion of shares in Activision Blizzard Inc. before Microsoft Corp. agreed to buy the video game maker for $68.7 billion, according to a Monday regulatory filing. Berkshire said that as of Dec. 31, it owned 14.7 million shares worth about $975 million of the “Call of Duty”…
Why This Microsoft Analyst Says the Tech Stock Is a Buy Now
Microsoft Corporation reported stellar quarterly results last month thanks to strong cloud momentum. The shares rallied over 9 percent in the days following the earnings announcement. A Morgan Stanley analyst is of the view the stock remains a “strong buy” at current levels. The Microsoft Analyst Keith Weiss maintained an Overweight rating and $372 price target on…
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