Skip to main content

Nasdaq MSFT MicroSoft

IVV, SPQQ: Big ETF Outflows

5 years 8 months ago
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Core S&P 500 ETF, where 5,500,000 units were destroyed, or a 0.9% decrease week over week. Among the largest underlying compon
BNK Invest

Notable ETF Outflow Detected - QQQ, MSFT, GOOG, GOOGL

5 years 8 months ago
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $541.3 million dollar outflow -- that's a 0.4% decrease week over week (from 488,400
BNK Invest

Can Zoom Stock Double Again in 2021?

5 years 8 months ago
Zoom Video Communications' (NASDAQ: ZM) stock soared nearly 400% last year as the COVID-19 pandemic turned its video conferencing platform into a household name. However, investors might be wondering if the stock can still generate multibagger gains this year as the pandemic ends
The Motley Fool

Noteworthy Monday Option Activity: CHEF, MSFT, AEO

5 years 8 months ago
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Chefs' Warehouse Inc (Symbol: CHEF), where a total volume of 8,089 contracts has been traded thus far today, a contract volume which is representative of appro
BNK Invest

Here's My Top Stock to Buy in January

5 years 9 months ago
Social media has been one of the most disruptive forces in the world over the past decade, and billions of people are now engaged on social platforms. Facebook (which includes Facebook, WhatsApp, and Instagram), Alphabet's YouTube, Tiktok, and even Microsoft's LinkedIn are engagi
The Motley Fool

2 Stocks I'd Avoid at All Costs in 2021

5 years 9 months ago
2020 was a difficult year for most markets and an amazing one for others. The S&P 500 market barometer closed the year 16% higher, having bounced back from the 31% drop in March with a vengeance. Some stocks are now soaring at multi-year highs; others are staving off bankrupt
The Motley Fool

3 Top Mega-Cap Stocks to Own in 2021

5 years 9 months ago
Who says mega-cap stocks -- those with a valuation of over $200 billion -- can't provide huge returns? The Vanguard Mega-Cap Growth ETF (NYSEMKT: MGK) increased 40% in 2020 due to its slant toward technology. With the world hastened into a new digital age because of the pandemic,
The Motley Fool

5 Top Stocks for January

5 years 9 months ago
A new year brings all kinds of new opportunities. Those opportunities might seem overwhelming to investors with so many options to park your money.To help narrow down the list, we asked five Motley Fool contributors to identify their top stocks to buy for January. Here's why they
The Motley Fool

Buy These 3 Stocks Before the Market Corrects in 2021

5 years 9 months ago
Look no further than 2020 for evidence that the long-term trend of the market is up. Despite an unprecedented global pandemic, it appears as though the S&P 500 will miraculously end this year up in the mid-teens.Nevertheless, we shouldn't forget we've had two massive downturn
The Motley Fool

Microsoft Says SolarWinds Hackers Accessed Its Source Code; Street Stays Bullish

5 years 9 months ago

Microsoft, a customer of SolarWinds, disclosed that hackers viewed its source code in the cyberattack that impacted Orion platform users.

The cyberattack which was detected in December 2020 impacted several US government agencies and companies using SolarWinds’ Orion platform, in which hackers inserted a malware.

In a blog providing an update on Microsoft’s (MSFT) ongoing internal investigation into the cyberattack (which the company calls Solorigate), the company revealed that it detected unusual activity in a small number of internal accounts and found that one account was used to access its source code in a number of source code repositories. That said, the account did not have permissions to modify any code or engineering systems and the company’s investigation confirmed that no changes were made. Microsoft stated that these accounts were investigated and remediated.

The company had earlier reported that it detected malicious applications by SolarWinds in its environment, which were isolated and removed.

However, further investigation brought into light attempted activities beyond the presence of a malicious SolarWinds code in Microsoft’s environment. The tech giant confirmed that such activity has not put at risk the security of its services or any customer data. Also, the company found no indications of its systems being used to attack others.

On Dec. 30, Wedbush analyst Daniel Ives reiterated a Buy rating on Microsoft stock with a price target of $260 (upside potential of 17.3%). Ives expects the company to surpass earnings expectations for its December quarter as the remote working environment is accelerating the shift to cloud applications.

In a note to investors, the analyst commented “While we have seen the momentum of this backdrop in the last few quarters, we believe deal flow looks strong heading into the rest of FY21 as we estimate that Microsoft is still only ~35% through penetrating its unparalleled installed base on the cloud transition." (See MSFT stock analysis on TipRanks)

"To this point, we believe Azure's cloud momentum is still in its early days of playing out within the company's massive installed base and the Office 365 transition for both consumer/enterprise is providing growth tailwinds over the next few years," he added.  

Currently, Microsoft scores a Strong Buy analyst consensus based on 23 unanimous Buys. The average price target of $250.76 indicates upside potential of 12.7% from current levels. Shares gained 41% in 2020.

Related News:
Apple Removes More Than 46,000 Unlicensed Apps From China Store – Report
Comtech Extends Term Of UHP Takeover Agreement; Street Stays Bullish
Amazon Buys Podcast Startup Wondery; Street Sees 16% Upside

TipRanks
Checked
12 minutes 50 seconds ago
This feed is responsible for generating the rss feed related to the topic MSFT
Subscribe to Nasdaq MSFT MicroSoft feed