Trends - Microsoft - Business Recorder

Microsoft

Microsoft announces changes after cloud computing complaints

BRUSSELS: Microsoft, which had been fined 1.6 billion euros ($1.7 billion) by EU antitrust regulators, will revise...

Published 18 May, 2022 02:44pm

Technology

'Fortnite' returns to iOS, Android devices via Microsoft's Xbox Cloud Gaming

Users of Xbox Cloud Gaming will now be able to play 'Fortnite' for free on devices powered by Google-owned Android...

Published 07 May, 2022 05:25pm

Markets

Wall St slumps as bets of big rate hikes grow despite Fed view

NEW YORK: Wall Street’s main index fell sharply on Thursday in a broad-based selloff as the Federal Reserve’s...

Published 06 May, 2022 05:03am

Wall Street tumbles on fear Fed may need bigger rate hike

NEW YORK: Wall Street’s main indexes tumbled on Thursday as investors fretted the Federal Reserve’s rate hike...

Published 06 May, 2022 05:03am

Markets

Wall Street rises on earnings boost from Microsoft, Visa

NEW YORK: US stocks rose in choppy trading on Wednesday, as strong earnings from Microsoft and Visa lifted investor...

Published 28 Apr, 2022 05:37am

Markets

Nasdaq slides 1pc as surging yields hit growth stocks

NEW YORK: The Nasdaq fell more than 1% on Monday, leading Wall Street’s main indexes lower, as rising bond yields...

Published 12 Apr, 2022 05:17am

Markets

S&P, Nasdaq slide 1pc as surging yields hammer growth stocks

The S&P and the Nasdaq fell more than 1pc on Monday as rising bond yields weighed on megacap growth stocks such...

Published 11 Apr, 2022 10:36pm

Technology

Crypto-curious corporations struggle to find right recipe

PARIS: Four years ago, fried-chicken chain KFC tweeted from its Canadian account that it would accept bitcoin as...

Published 10 Apr, 2022 11:19am

Technology

New EU rules regulating U.S. tech giants likely to set global standard

BRUSSELS: Landmark EU rules targeting Alphabet unit Google, Amazon, Apple, Meta and Microsoft are likely to set a...

Published 25 Mar, 2022 10:13am

Technology

Microsoft faces anti-competition complaint in Europe

PARIS: Three companies have lodged a complaint with the European Commission against Microsoft, accusing the US...

Published 20 Mar, 2022 11:13am

Pakistan

Microsoft organizes ‘EDU Day 2022’

ISLAMABAD: Microsoft Pakistan organized EDU Day 2022, a global initiative that is taken to attain its goal of...

Updated 13 Mar, 2022 07:05am

Markets

S&P 500, Nasdaq climb over 1pc on signs of easing geopolitical tensions

NEW YORK: The S&P 500 and the Nasdaq indexes jumped over 1% on Tuesday, led by gains in shares of megacap growth...

Published 16 Feb, 2022 06:20am

Markets

Wall St drops over 1% on hotter inflation data, Bullard's hawkish comment

Megacap companies dragged U.S. stock indexes lower on Thursday after a hotter consumer prices reading and comments...

Published 11 Feb, 2022 12:51am

Technology

Microsoft vows app store fairness with Activision merger

SAN FRANCISCO: Microsoft on Wednesday courted the favor of antitrust regulators scrutinizing its plan to buy video...

Published 10 Feb, 2022 10:34am

World

News Corp says hacked in potentially China-tied attack

WASHINGTON: Media giant News Corp said Friday it was hit by hackers who stole company data in an attack that the...

Published 05 Feb, 2022 05:47am

Markets

Wall Street eases after two-day surge as Tesla, Microsoft slip

NEW YORK: US stocks fell in a volatile session on Tuesday, with Microsoft and Tesla weighing the most as high-valued...

Published 02 Feb, 2022 04:45am

Technology

Sony to buy 'Destiny' videogame developer Bungie in $3.6bn deal

Sony Interactive Entertainment will acquire Bungie Inc, the original creator of the "Halo" videogame and developer ...

Published 01 Feb, 2022 12:27pm

Technology

US FTC to review Microsoft's $68.7bn deal for Activision: Bloomberg News

The US antitrust review of Microsoft Corp's $68.7 billion proposed acquisition of "Call of Duty" maker Activision...

Updated 01 Feb, 2022 12:23pm

Markets

Wall St surges ahead of Fed policy decision; Microsoft shines

NEW YORK: Wall Street’s main indexes climbed on Wednesday after two turbulent sessions and ahead of the outcome of...

Published 27 Jan, 2022 04:05am

Markets

Microsoft pledges more clarity over UK Xbox subscriptions: regulator

Microsoft will begin offering more information to customers about how it automatically renews Xbox online gaming...

Published 26 Jan, 2022 05:35pm

World

US House speaker Pelosi's stock trades attract growing following online

A year since a Reddit-driven retail trading frenzy rocked the markets and created the 'meme stock' phenomenon,...

Published 26 Jan, 2022 02:33pm

Technology

Microsoft sees strong earnings on cloud computing

SAN FRANCISCO: Microsoft beat market expectations Tuesday with strong quarterly performance in cloud computing and...

Published 26 Jan, 2022 10:04am

Technology

Microsoft-Activision deal: Key things to know

SAN FRANCISCO: Microsoft on Tuesday unveiled its big-ticket plans to buy US video game powerhouse Activision...

Published 19 Jan, 2022 10:40am

Markets

Wall St falls on tech drag; GS profit miss triggers bank selloff

Wall Street's main indexes fell on Tuesday as Goldman Sachs led declines among banks after posting its quarterly...

Published 18 Jan, 2022 10:31pm

Technology

Microsoft to buy US gaming giant Activision-Blizzard for $69bn

NEW YORK: Microsoft announced Tuesday a $69 billion deal to purchase US gaming giant Activision Blizzard, the firm...

Published 18 Jan, 2022 07:09pm

Markets

Microsoft invests $50 million in alcohol-to-jet fuel biorefinery

Microsoft is investing $50 million in a LanzaJet facility in Georgia that will produce jet fuel from ethanol next...

Published 13 Jan, 2022 05:34pm

Technology

Apple becomes first U.S. company to hit $3 trillion market value

Apple Inc on Monday became the first U.S. company to hit $3 trillion in market capitalization, thanks to investor...

Published 04 Jan, 2022 12:45am

Pakistan

‘Future Ready Skills Initiative’ Punjab Group of Colleges partners with Microsoft

LAHORE: Punjab Group of Colleges in partnership with Microsoft has entered phase-2 of its ‘Future Ready Skills...

Published 30 Dec, 2021 04:40am

World

Oracle to buy Cerner for $28.3bn in healthcare sector push

BENGALURU: Enterprise software maker Oracle Corp said on Monday it would buy electronic medical records company...

Published 21 Dec, 2021 04:14am

Technology

Zoom has joined tech industry counterterrorism group

NEW YORK: Video-conferencing platform Zoom has joined a counterterrorism organization formed by major US tech...

Published 16 Dec, 2021 04:00am

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / May 23 HBL Investment Fund(HIFA)	2.48 ▲ 0.29 (13.24%)
Khurshid Spinning / May 23 Khurshid Spinning Mills Limited(KHSM)	9.65 ▲ 1.00 (11.56%)
Zephyr Textile / May 23 Zephyr Textiles Limited(ZTL)	11.50 ▲ 1.00 (9.52%)
Dadex Eternit / May 23 Dadex Eternit Limited(DADX)	78.12 ▲ 5.45 (7.50%)
Imperial Limited / May 23 Imperial Limited(IML)	14.99 ▲ 1.04 (7.46%)
Bal. Wheel / May 23 Baluchistan Wheels Limited(BWHL)	79.34 ▲ 5.49 (7.43%)
Cordoba Logistics / May 23 Cordoba Logistics & Ventures Limited(CLVL)	13.75 ▲ 0.95 (7.42%)
Ahmad Hassan / May 23 Ahmad Hassan Textile Mills Limited(AHTM)	48.70 ▲ 3.32 (7.32%)
Bhanero Tex. / May 23 Bhanero Textile Mills Limited(BHAT)	1525.00 ▲ 102.45 (7.20%)
KASB Modaraba / May 23 KASB Modaraba(KASBM)	1.87 ▲ 0.12 (6.86%)

Stock	Price
First Pak Mod. / May 23 First Pak Modaraba(PAKMI)	2.60 ▲ -0.70 (-21.21%)
SME Leasing Ltd / May 23 SME Leasing Limited(SLL)	2.05 ▲ -0.40 (-16.33%)
Bilal Fibres / May 23 Bilal Fibres Limited(BILF)	2.10 ▲ -0.30 (-12.50%)
Escorts Bank / May 23 Escorts Investment Bank Limited(ESBL)	6.05 ▲ -0.70 (-10.37%)
D.S. Ind. Ltd. / May 23 D.S. Industries Limited(DSIL)	4.00 ▲ -0.45 (-10.11%)
PICIC Ins.Ltd. / May 23 PICIC Insurance Limited(PIL)	0.81 ▲ -0.09 (-10.00%)
TPL Trakker Ltd / May 23 TPL Trakker Limited(TPLT)	9.50 ▲ -1.00 (-9.52%)
Reliance Ins. / May 23 Reliance Insurance Company Limited(RICL)	5.20 ▲ -0.45 (-7.96%)
Ist.Dawood Bank / May 23 First Dawood Investment Bank Limited(FDIBL)	2.15 ▲ -0.18 (-7.73%)
Gatron Ind. / May 23 Gatron (Industries) Limited(GATI)	407.00 ▲ -32.99 (-7.50%)

Stock	Volume
Silk Bank Ltd / May 23 Silkbank Limited(SILK)	9,889,000 ▼ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	7,571,500 ▼ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	6,109,500 ▼ 0.00
Ghani Glo Hol / May 23 Ghani Global Holdings Limited(GGL)	5,998,597 ▼ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	5,449,620 ▼ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	5,014,240 ▼ 0.00
Hum Network / May 23 Hum Network Limited(HUMNL)	4,997,000 ▼ 0.00
Maple Leaf / May 23 Maple Leaf Cement Factory Limited(MLCF)	4,924,900 ▼ 0.00
Pak Elektron / May 23 Pak Elektron Limited(PAEL)	3,962,500 ▼ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	3,752,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

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