The Pentagon on Friday reaffirmed its decision to give Microsoft (NASDAQ: MSFT) a massive $10 billion cloud computing contract, but runner-up Amazon (NASDAQ: AMZN) has vowed to press on against what it called a "politically corrupted contract award."
In this episode of Motley Fool Money, Chris Hill chats with Motley Fool analysts Jason Moser and Andy Cross about the latest headlines and quarterly reports. They have news on a surprising potential acquisition, impressive results in the CRM and SaaS space, some stocks hitting a
Today was better than yesterday for the S&P 500 (SNPINDEX: ^GSPC) index, which finished better than it looked for most of the trading day. The index closed down 28 points, or 0.81%, but was down more than 2% for most of morning trading. A late-day rally actually had the ind
The Nasdaq closed lower on Friday though well above its session low as selling eased late in the day after investors dumped heavyweight technology stocks due to concerns about high valuations and a patchy economic recovery.
The NASDAQ 100 After Hours Indicator is down -52.23 to 11,569.9. The total After hours volume is currently 110,881,732 shares traded.The following are the most active stocks for the after hours session: Apple Inc. (AAPL) is -0.82 at $120.14, with 4,952,996 shares traded. Over th
The Nasdaq closed lower on Friday though well above its session low as selling eased late in the day after investors dumped heavyweight technology stocks due to concerns about high valuations and a patchy economic recovery.
The U.S. Defense Department said on Friday it has completed a comprehensive re-evaluation of its $10 billion JEDI cloud computing contract proposals and determined that Microsoft Corp's submission continues to represent the best value for the government.
The Nasdaq was on track for its worst two-day fall since mid-March on Friday as investors dumped heavyweight technology stocks, while concerns around a patchy economic recovery also hit the S&P 500 and the blue-chip Dow.
SoftBank Group Corp made significant option purchases during the run-up in the U.S. stock market in recent weeks as a way of temporarily investing some of its proceeds from asset sales, people familiar with the matter said on Friday.
The U.S. Defense Department
said on Friday it has completed a comprehensive re-evaluation of
JEDI cloud computing proposals and determined that Microsoft
Corp's submission continues to represent the best value
for the government.
(Reporting by Eric Beech; Editing by Mohammad Zargham)
((eric.beech@thomsonreuters.com; 202-898-8322; Reuters
Messaging: eric.beech.reuters.com@reuters.net))
nW1N2FG06W
The Nasdaq was on track for its worst two-day fall since March on Friday as investors dumped heavyweight technology stocks, while concerns around a patchy economic recovery also hit the S&P 500 and the blue-chip Dow.
SoftBank Group Corp made significant option purchases in the U.S. stock market in recent weeks as a way of temporarily investing some of its proceeds from asset sales, people familiar with the matter said on Friday.
Wall Street's main indexes extended declines on Friday, with the Nasdaq on track for its worst two-day fall since March as technology stocks sold off again, overshadowing data showing a steeper-than-expected drop in the August unemployment rate.
Shares of Zoom Video Communications (NASDAQ: ZM) recently surged to an all-time high after the video conferencing company's second-quarter earnings crushed Wall Street's estimates.
Wall Street's main indexes extended losses on Friday after plunging in the previous session as technology stocks sold off again, overshadowing data showing a steeper-than-expected drop in the unemployment rate in August.
It's been an odd year in the markets. What looked like it would be a difficult 2020 due to COVID-19 has turned into eight months in which the S&P 500 has climbed by a very respectable 10%. There's a real disconnect between Wall Street and what's happening in the economy, whe
The S&P 500 was set for a higher open on Friday following a brutal selloff in the previous session as a drop in the unemployment rate offset a slide in technology stocks, while investors remained cautious about a patchy economic recovery.
World shares slipped from record highs on Friday, and were on course for their worst week in more than two months, while gains in bonds and the dollar were modest as investors waited to see if U.S. jobs data triggers a bigger sell-off.
Futures tracking the S&P 500 and Dow indexes bounced on Friday after Wall Street's worst session since June, with attention turning to the crucial jobs report that is likely to show a faltering recovery in the labor market.
There has been some excitement in the stock market recently, as both Apple and Tesla have just split their stock -- 4-for-1 and 5-for-1, respectively. The excitement isn't exactly warranted, though, because stock splits are far less meaningful than you might think.