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InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

In early trading on Friday, shares of Coca-Cola topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.4%. Year to date, Coca-Cola registers a 2.8% gain.

Urban Indians are getting COVID-19 shots much faster than the hundreds of millions of people living in the countryside, government data shows, reflecting rising inequity in the nation's immunisation drive.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Let's be honest. A lot of people say their positions in flashy technology companies are meant to be long-term holdings, but they're really just an effort to make a quick buck. And that's OK. Any profitable trade is technically a good trade. If you can get in and out at the right

Finance ministers from the G7 group of rich nations are meeting in London on Friday for two days of talks aimed at moving closer to a global deal to raise more tax from the likes of Google, Facebook and Amazon.

DocuSign (NASDAQ: DOCU) reported results for its fiscal 2022 first quarter (ended April 30, 2021), and investors liked what they saw, sending the stock up as much as 6% in after-hours trading. Revenue of $469 million climbed 58% year over year, eclipsing analysts' consensus estim

By Michael PaigeMicrosoft (NASDAQGS:MSFT) is a technology company focused on commercial and industrial applications with software solutions such as Office 365, Azure, Microsoft Teams, Dynamics 365, Linkedin, Windows 10. They also provide platforms for developers via Visual Studio

When it comes to technology stocks, it's important to remember that numbers aren't everything. 

Shares of DLocal Ltd jumped nearly 48% in their U.S. stock market debut on Thursday, giving the Uruguayan cross-border payments company a market capitalization of about $9 billion.

The S&P 500 dipped on Thursday as a raft of upbeat data fanned fears of rising inflation, eclipsing reports that President Joe Biden has offered to scrap his proposed corporate tax hike.

Zoom Video Communications (NASDAQ: ZM) was a market darling in 2020, but lately it has been mostly forgotten.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Wall Street's main indexes dropped on Thursday, weighed down by high-growth technology stocks, as a raft of upbeat data indicated a strong economic rebound was underway, fanning fears of rising inflation.

With meme stocks and cryptocurrencies once again capturing the imagination of investors, it's important to add some perspective. One of the great innovations of the stock market is that it allows individuals to own small pieces of large cash-producing businesses. That's important

Web search startup Neeva on Thursday said it would share at least 20% of its sales with content partners such as Quora and Medium in another break from search giant Google, which for years has faced criticism for not remunerating publishers.

Snowflake (NYSE: SNOW) was one of the hottest tech IPOs of 2020. The cloud services company went public at $120 last September, more than doubled on the first day, and hit a 52-week high of $429 in December.

Electric-car company Tesla (NASDAQ: TSLA) might have a solution if you're looking for a specked-out gaming rig. New versions of the Tesla Model S and Model X cars come equipped with the same hardware that Sony puts into the latest and greatest PlayStation 5 gaming console.

Microsoft (MSFT) has picked Morgan Stanley (MS) as a strategic cloud computing partner in the financial services industry. It is a multipronged arrangement. In addition to running its workloads to Microsoft’s Azure cloud platform, Morgan Stanley will contribute to unlocking opportunities that Microsoft's cloud provides to financial services companies.

Morgan Stanley operates in more than 41 countries, offering a suite of financial services ranging from investment banking to wealth management. It is undergoing a digital transformation and has decided to use Microsoft’s cloud tools to accelerate that process. (See Morgan Stanley stock analysis on TipRanks)

Other than using Microsoft's cloud for its operations, Morgan Stanley will contribute its industry expertise to help Microsoft develop cloud products that would make it easier for the financial services industry to shift to the cloud.

“Our partnership will empower innovation for the industry while ensuring stringent compliance and regulatory guidelines are met,” commented Microsoft’s cloud and artificial intelligence executive Scott Guthrie.

Financial services companies not only face continually changing customer needs but are also subject to complex regulations. This situation has created challenges for the industry’s digital transformation. Microsoft and Morgan Stanley engineering teams will collaborate to develop cloud products that meet the financial services industry's requirements. (See Microsoft stock analysis on TipRanks)

Jefferies analyst Brent Thill reiterated a Buy rating with a price target of $290 on Microsoft stock. The analyst’s price target implies 17.27% upside potential. Thill remains bullish on Microsoft after learning about the Teams and Azure product updates at the company’s Build developer conference.

"Developers continue to be integral to businesses' digital transformation efforts…MSFT unveiled product announcements for Teams and Azure at its Build conference, with the focus on making products more dev-friendly, open, and extensible," noted Thill.

Consensus among analysts is a Strong Buy based on 25 Buys. The average analyst price target of $297.96 implies 20.49% 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.

According to TipRanks’ Hedge Fund Trading Activity tool, confidence in MSFT is currently Positive, as 64 hedge funds increased their cumulative holdings by 5 million shares in the last-quarter.

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