International Business Machines (NYSE: IBM) waited too long to make a big bet on hybrid cloud computing. While the company was tinkering at this intersection of public and private clouds, it wasn't until 2018's decision to acquire Red Hat that IBM was truly "all-in." By then Hewl
The U.S. Supreme Court has given Microsoft’s (MSFT) LinkedIn another chance to try to block rival hiQ Labs from harvesting its data. The top court has sent the LinkedIn-hiQ dispute back to the 9th U.S. Circuit Court of Appeals for reconsideration, according to a Reuters report. HiQ Labs had prevailed against LinkedIn in the 9th Circuit Court.
LinkedIn is a Microsoft subsidiary that operates a professional networking platform and has more than 750 million members. hiQ Labs builds analytic tools that help employers know when their employees could be seeking a new job.
hiQ obtains the data used to create its analytical tools from the public profiles of LinkedIn members. In 2017, LinkedIn told hiQ to stop harvesting its data, according to the report. A dispute broke out, and hiQ sued, accusing LinkedIn of trying to stifle competition. A federal judge sided with hiQ and barred LinkedIn from denying access to its publicly available data.
LinkedIn took the dispute to the Supreme Court. It explained to the court that hiQ harvests data on a massive scale, the report says. It also said that some of the data obtained from its platform had been put up for sale. The top court wants the 9th Circuit to relook at the dispute in light of its recent ruling regarding the Computer Fraud and Abuse Act. (See Microsoft stock analysis on TipRanks)
Morgan Stanley analyst Keith Weiss recently reiterated a Buy rating on Microsoft stock with a price target of $300, which implies 15.43% upside potential. The analyst believes the market is undervaluing Microsoft stock.
“While the bears fear pressure on the multiple as EPS growth slows, we’d argue the current multiple doesn’t properly reflect forward EPS growth,” noted Weiss.
Consensus among analysts is a Strong Buy based on 26 Buys. The Microsoft average analyst price target of $297.96 implies 14.65% upside potential to current levels.
MSFT scores a “Perfect 10” on TipRanks’ Smart Score rating system, indicating that the stock has strong potential to outperform market expectations.
Artificial intelligence will likely reshape the world in the coming decades. Autonomous machines will be able to hear, see, learn, think, and make decisions. This will drive productivity and innovation across virtually every industry, from retail and robotics to marketing and mob
International Business Machines (NYSE: IBM) stock recently set a new 52-week high, breaching the $150 per share level for the first time in more than a year. While its increasingly prominent role in the cloud has gained attention, it remains a company in transition.
The NASDAQ 100 After Hours Indicator is down -6.6 to 14,121.6. The total After hours volume is currently 97,083,427 shares traded.The following are the most active stocks for the after hours session: Callaway Golf Company (ELY) is unchanged at $34.51, with 9,913,662 shares trade
Smartphone chip giant Qualcomm (NASDAQ: QCOM) wants to lend Arm Holdings a helping hand, according to an article in The Telegraph on Sunday. Qualcomm has offered to invest in Arm Holdings should regulators block a proposed acquisition by NVIDIA (NASDAQ: NVDA).
Sony's (NYSE: SONY) PlayStation 5 console is winning the sales battle against Microsoft's (NASDAQ: MSFT) Xbox Series X. But that isn't surprising. Sony's huge installed user base and an impressive catalog of exclusive gaming titles were supposed to tip the scales in the PS5's fav
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P 500— ETF Trust (Symbol: SPY) where we have detected an approximate $1.8 billion dollar outflow -- that's a 0.5% decrease w
The U.S. Supreme Court on Monday gave Microsoft Corp's LinkedIn Corp another chance to try to stop rival hiQ Labs Inc from harvesting personal data from the professional networking platform's public profiles - a practice that LinkedIn contends threatens the privacy of its users.
Software startup Sprinklr said on Monday it was looking to raise as much as $380 million through a U.S. initial public offering (IPO), targeting a valuation of about $5 billion.
E3 is the world's largest trade show for the video game industry. Hosted every year in June, the event brings together some of the biggest studios like Microsoft, Ubisoft, and Square Enix, which typically make announcements about upcoming games and products
Don't limit your options. You can follow the crowd with your investments and still not take on too much risk. There are highly popular stocks among Robinhood investors, for example, that are relatively safe picks.
UiPath (NYSE: PATH), a 2021 high-flyer unicorn IPO, recently had its first earnings report, and the company's stock pulled back on valuation concerns. UiPath's stock price has an all-time high of $90, but now trades closer to $70.
French cloud computing services provider OVHcloud is about to set out its plan to list the company's shares on Euronext's Paris stock exchange, a source close to the matter said, confirming an earlier report by weekly JDD.
4 Top Tech Stocks To Watch Before MondayIn today’s stock market, investing in tech stocks may not be the toughest task, provided you know what you’re investing into. The industry ranges from tech giants such as Alphabet Inc (NASDAQ: GOOGL) to emerging tech companies s
Zynga (NASDAQ: ZNGA) has come a long way since Farmville was its only hit mobile game. This mobile video gaming specialist expects to hit $2.7 billion in full-year revenue on the back of new releases such as Harry Potter: Puzzles & Spells and Star Wars: Hunters and tremendous
Even an old dog can learn some new tricks. Software firm MicroStrategy (NASDAQ: MSTR) has shifted gears and made purchasing bitcoin (CRYPTO: BTC) one of its primary goals. As of this writing, the company owned approximately 92,079 of the original cryptocurrency, and it just sold
The Motley Fool
Checked
22 minutes 36 seconds ago
This feed is responsible for generating the rss feed related to the topic MSFT