ms

Microsoft’s Ethical Reckoning is Here

Microsoft’s Ethical Reckoning is Here

Microsoft has become the latest company to pull into the tech industry’s ethical view over the use of its products by government agencies. Critics have stated in a blog post in January that Microsoft Corporation (NASDAQ: MSFT) publicized its w..

Tech Stock Rally Pushes Nasdaq to Record Close

Tech Stock Rally Pushes Nasdaq to Record Close

Technology stocks drove the Nasdaq Composite to a record high on Monday, closing at $7,606.46, jumping 52.13 points or gaining 0.69 percent. Tech stocks rallied to record highs as well at the closing bell.Tech stocks continued to rally into Tuesday,..

Alibaba places shares into healthcare assets ($1.4 BILLION DEAL)

Alibaba places shares into healthcare assets ($1.4 BILLION DEAL)

Chinese e-commerce business Alibaba Group Holding Ltd (NYSE: BABA) sold some shares of pharmaceutical business to fund purchases of health-related assets through $1.4 billion deal.Alibaba Health Information Technology Ltd., a subsidiary of Alibaba, ..

Morgan Stanley Predicts Bull Market End

Morgan Stanley Predicts Bull Market End

It is Morgan Stanley (NYSE: MS) prediction that stocks may rally for one more time during summer 2018 prior to hitting an all-time high in the latter months. The company cited a number of positives which are fast degenerating into negatives. Inflati..

Microsoft Reports Better than Expected Q3 Results

Microsoft Reports Better than Expected Q3 Results

Microsoft Corporation (NASDAQ: MSFT) reported its third quarter financial results and beat analysts’ estimates. Shares opened higher at $97.55, increasing 3 percent from Thursday’s close.For the first quarter, Microsoft reported revenue ..

Ex-Uber CEO Launching Real Estate Startup

Ex-Uber CEO Launching Real Estate Startup

Former Uber Technologies Inc. Chief Executive Officer and Founder, Travis Kalanick announced via Twitter Inc. (NYSE: TWTR) that he will investing $150 million to take a stake in City Storage Systems. Once the transaction closes, Kalanick will become..

Tech Stocks Drag Down U.S. Stocks

Tech Stocks Drag Down U.S. Stocks

Reports of Facebook, Inc. (NASDAQ: FB) data breach dragged down the technology sector, causing U.S. stocks to open weaker on Monday. The Dow Jones Industrial Average opened almost 200 points lower before declining down to almost 600 points by late m..