Tag: Microsoft

The Dow Jones Industrial Average fell 53.44 points (or 0.2%) today, possibly because the market gave a thumbs up to yesterday's 0.25% rate cut by the Fed.

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 Dow Jones Industrial Average Index rose 36.28 points for a 0.13% increase today. The S&P 500 Index gained 0.07% while tech ETFs mirrored that 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.

The Dow continues to trade just below its all-time high. Analysts are watchful as stocks' valuations rise, making them expensive at their current prices.

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.

Last week, Apple’s (AAPL) preliminary prospectus revealed that the company is looking to raise $7 billion in debt to fund shareholder buybacks.