Shares of Microsoft Corp. MSFT, + 2.98% increased 2.0% in morning trading, enough to boost the DJIA of the Dow Jones Industrial Average, -0.07% winners, after more analysts became more optimistic about the software and the cloud giant ahead of the fourth-quarter fiscal earnings slated for Wednesday. Raymond James’ Robert …
Read More »
Text size Dominick Reuter / AFP via Getty Images Microsoft shares have climbed to new highs during the Covid-19 pandemic, as companies accelerate their adoption of cloud-based software. This has given a boost to both Azure, the company’s public cloud service, and cloud-based apps like Office 365 and Teams. How …
Read More »
Shares of Noble Energy Inc. NBL, -2.91% increased 8.8% in premarket operations on Monday, after Chevron Corp. CVX, -1.32% confirmed an all-stock deal to buy the oil and gas producer for around $ 5 billion. Including Noble’s debt, the deal would be valued at around $ 13 billion. The deal …
Read More »
Text size Courtesy of Nikola. Investors must prepare for volatile week of stock trading by heavy-duty fuel cell truck pioneer Nikola. Stock guarantees, issued in some of the transactions that eventually brought the company to the public markets, can now be exercised. Shares slumped on the news on Friday, but …
Read More »
Text size Goldman Sachs analyst Fei Fang downgraded US depositary receipts from Chinese electric vehicle maker NIO to Sell from Hold. ADRs are falling on Friday, but that’s after nearly doubling in the past month. Photography by Giulia Marchi / Bloomberg Recovery of a stock of electric vehicles has gone …
Read More »