Microsoft, Twilio, and Splunk shares were higher in early market trading today. While Microsoft rose 2%, Twilio and Splunk rose 1.7% and 2.5%, respectively.
Microsoft (MSFT) stock rose 1.19% in extended trading yesterday after the tech giant announced a new share buyback program and dividend increase.
The head of Google’s cloud computing business in India, Nitin Bawankule, is set to leave the company at the end of this month.
At the close of the second quarter, Google (GOOGL) held 8.0% of the global cloud computing market. It trailed Microsoft (MSFT), which held 16%.
Russia’s regional election on Sunday produced another headache for Facebook over political ads. Facebook is already in a dispute over local data storage.
US President Donald Trump announced new tariffs on Chinese products. Most Chinese products could be weighed down by Trump's tariffs before 2020.