Trends - Microsoft Corp - Business Recorder

Markets

Thursday’s early trade: S&P, Dow hit record highs

NEW YORK: The S&P 500 and the Dow Jones indexes notched record highs on Thursday as upbeat earnings reports from...

Published 16 Apr, 2021 03:40am

Markets

Thursday’s early trade: S&P scales new record high

NEW YORK: The S&P 500 hit a record peak on Thursday, helped by gains in tech-related stocks as...

Published 09 Apr, 2021 04:51am

Markets

S&P 500 scales new record high on tech boost

GameStop jumps as Ryan Cohen to be made chairman.
Canopy Growth down on C$323 mln deal to buy Supreme Cannabis.
Indexes: Dow down 0.23%, S&P up 0.14%, Nasdaq up 0.8%.

Published 08 Apr, 2021 08:51pm

Technology

Microsoft says an outage with Microsoft 365 services resolved

DNS is effectively an address book of the internet which enables computers to match website addresses with the correct server.

Published 02 Apr, 2021 11:28am

Markets

Tuesday’s early trade: Main indexes drop as tech stocks hit by spike in yields

NEW YORK: Wall Street’s main indexes slipped on Tuesday as investors pulled out of heavyweight tech-related stocks...

Published 31 Mar, 2021 05:42am

Markets

Dollar gains, global stocks slip as tech weighs

The stronger dollar and rising yields, along with expectations of a strong economic recovery, sapped demand for safe-haven bullion and pushed gold prices lower.

Published 30 Mar, 2021 11:50pm

Technology

Intel to spend $20bn on US chip plants as CEO challenges Asia dominance

SAN FRANCISCO: Intel Corp will greatly expand its advanced chip manufacturing capacity as the new chief executive...

Published 29 Mar, 2021 06:05am

Markets

Thursday’s early trade: Tech stocks drag Wall Street lower

NEW YORK: The technology-heavy Nasdaq led Wall Street lower on Thursday as a rotation out of richly valued stocks...

Published 26 Mar, 2021 05:22am

Business & Finance

Teslas can now be bought for bitcoin, says Elon Musk

NEW YORK: Tesla Inc customers can now buy its electric vehicles with bitcoin, its boss, Elon Musk, said on ...

Published 25 Mar, 2021 05:08am

Markets

Teslas can now be bought for bitcoin, Elon Musk says

Bitcoin, the world's biggest digital currency, rose more than 4pc after Musk's tweet and was last up 3.5pc at $56,178.

Published 25 Mar, 2021 12:03am

World

White House task force met to discuss Microsoft software weaknesses

The group, which met on Monday, "included private sector members for the first time" who were invited "based on their specific insights to this incident," she said.
The White House group noted that paying to mitigate the hack "weighs particularly heavily on small businesses," Psaki said.

Updated 17 Mar, 2021 07:04pm

Markets

Cloud computing firm DigitalOcean aims for nearly $5bn valuation in US IPO

The company is looking to raise as much as $775.5 million through an offering of 16.5 million shares, priced between $44 and $47 apiece, according to a regulatory filing.
DigitalOcean provides its cloud platform and tools to developers, startups and small- and medium-sized businesses and has over 570,000 customers in more than 185 countries.

Updated 15 Mar, 2021 09:28pm

World

At least 10 hacking groups using Microsoft software flaw

But simultaneous discovery happens fairly often, in part because researchers use the same or similar tools to hunt for serious flaws, and many eyes are looking at the same high-value targets.

Published 11 Mar, 2021 11:14am

Markets

Nasdaq surges as tech stocks roar back

NEW YORK: US stocks rallied on Tuesday, with the Nasdaq gaining about 4% to recoup heavy losses from the previous...

Published 11 Mar, 2021 05:25am

Markets

European banking regulator EBA targeted in Microsoft hacking

The European Union's banking regulator, which gathers and stores swathes of sensitive data about banks and their lending, said it believed the cyber attack had struck only its email servers.
Microsoft and a person working with the US response blamed the initial wave of attacks on a Chinese government-backed actor. A Chinese government spokesman said the country was not behind the intrusions.

Published 08 Mar, 2021 10:05pm

Technology

Bill Gates-backed Evolv to go public via blank-check merger in $1.7bn deal

The deal with NewHold Investment Corp will provide the merged entity with $470 million in proceeds, including a private investment of $300 million.
Besides Microsoft Corp's co-founder Gates, Evolv is also backed by venture capital firm General Catalyst.

Published 08 Mar, 2021 07:40pm

Technology

White House cites 'active threat,' urges action despite Microsoft patch

Neither the company nor the White House has specified the scale of the hack. Microsoft initially said it was limited, but the White House last week expressed concern about the potential for "a large number of victims."

Published 08 Mar, 2021 11:02am

Markets

Nasdaq plummets as high-flying tech stocks retreat

NEW YORK: The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted...

Published 05 Mar, 2021 05:17am

Markets

Wednesday’s early trade: S&P, Nasdaq fall as high-flying tech stocks slide

NEW YORK: Wall Street’s major indexes dropped on Wednesday, weighed down by technology stocks as investors unwound...

Published 04 Mar, 2021 04:58am

Markets

S&P 500 set for slightly lower open as private jobs data disappoints

US private payrolls rise less than expected in Feb.
UWM Holdings jumps in GameStop-style short squeeze.
Futures down: Dow and S&P 0.6%, Nasdaq 0.7%.

Published 03 Mar, 2021 07:27pm

Markets

Wednesday’s early trade: Nasdaq declines as tech sell-off resumes

NEW YORK: The Nasdaq index fell in choppy trading on Wednesday as investors continued to sell technology-related...

Published 25 Feb, 2021 04:58am

Markets

Tuesday’s early trade: Slide in growth stocks pummel Nasdaq

NEW YORK: The Nasdaq index fell more than 2% on Tuesday as investors sold off mega-cap growth stocks on valuation...

Published 24 Feb, 2021 05:24am

Business & Finance

Monday’s early trade: Wall Street falls

NEW YORK: US stock indexes fell on Monday as climbing Treasury yields and prospects of rising inflation triggered...

Published 23 Feb, 2021 05:20am

Markets

Futures fall on concerns over rising yields, inflation expectations

Futures down: Dow 0.59%, S&P 0.78%, Nasdaq 1.37%
Shares of Apple Inc, Microsoft Corp, Facebook Inc, Alphabet Inc, Tesla Inc, Netflix Inc and Amazon.com Inc resumed their declines from the previous week, falling between 1% and 2.9% in trading before the bell.

Published 22 Feb, 2021 06:00pm

Markets

Wall St set for higher open as tech finds respite at end of torrid week

Tech-related stocks edge higher.
Uber falls after losing UK case on worker rights.
Futures up: Dow 0.26%, S&P 0.41%, Nasdaq 0.59%.

Published 19 Feb, 2021 06:59pm

Markets

Futures fall ahead of jobless claims data as investors shift away from tech

Futures down: Dow 0.24%, S&P 0.41%, Nasdaq 0.78%.
Wall Street's main indexes hit record highs at the beginning of the week but gradually retreated following a rise in treasury bond yields, which led to fears of higher inflation.

Published 18 Feb, 2021 06:18pm

Markets

Nasdaq falls as big tech slides; Fed minutes in focus

US retail sales rebound strongly in January.
Verizon, Chevron jump as Buffett's Berkshire reveals big stakes.
Hilton falls on third straight quarterly loss.
Indexes down: Dow 0.06%, S&P 0.28%, Nasdaq 0.60%.

Published 17 Feb, 2021 09:22pm

Markets

S&P, Nasdaq end slightly lower

• Twitter jumps after signaling rebound in ad spending NEW YORK: The S&P 500 and the Nasdaq edged slightly...

Published 12 Feb, 2021 04:54am

Markets

Futures slip after Wall Street ends at record highs

Futures down: Dow 0.21%, S&P 0.19%, Nasdaq 0.18%
Last week's data showing slower-than-expected growth in the labor market underscored the need for more government aid to blunt the effects of the COVID-19 pandemic.

Published 09 Feb, 2021 05:19pm

Markets

Wall St rebounds as small-time traders turn to silver

Silver miners Hecla Mining Co, Coeur Mining Inc and Wheaton Precious Metals Corp surged between 5pc and 26pc.

Published 02 Feb, 2021 12:22am