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Canaccord Genuity Bullish On MicroStrategy Citing Bitcoin Success Despite Volatility
Thursday, November 2, 2023 - 10:17am | 752MicroStrategy Incorporated (NASDAQ: MSTR) has been given a robust share price target of $554 by equity research firm Canaccord Genuity, predicated on the company's strategic decision to adopt Bitcoin (CRYPTO: BTC) as its primary treasury reserve asset. The move saw the enterprise...
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Microsoft To Offer OpenAI To US Federal Agencies
Friday, June 9, 2023 - 4:57pm | 680Microsoft (NASDAQ: MSFT) has revealed its plans to bring OpenAI's highly capable language-producing models, including GPT-4 and GPT-3, to U.S. federal agencies by leveraging its Azure cloud service. The company, based in Redmond, WA, has expanded support for these large language models (...
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Microsoft Q2 'Darkest Before Dawn,' Says Analyst: CFO's Q3 Guidance, Forward Commentary On Earnings Call Suggest Otherwise
Wednesday, January 25, 2023 - 7:00am | 439Microsoft Corp. (NASDAQ: MSFT) shares pulled back over 1% in after-hours trading on Tuesday in reaction to its fiscal year 2023 second-quarter results. The Microsoft Analyst: Piper Sandler analyst Brent Bracelin maintained an Overweight rating and $247 price target for the shares. The Microsoft...
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Microsoft Invests In Canada For Post Pandemic Digital Recovery
Wednesday, March 24, 2021 - 11:06am | 268Microsoft Corp (NASDAQ: MSFT) announced the creation of a new Data Innovation Centre of Excellence, increased local technical talent, and the addition of a new Azure Edge Zone. The newly created Data Innovation Centre of Excellence would provide deep technical resources to help...
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Volkswagen Extends Partnership With Microsoft To Boost Cloud-Based Automated Driving Platform
Thursday, February 11, 2021 - 7:30am | 216Volkswagen AG’s (OTC: VLKAF) software company Car.Software Organisation extends partnership with Microsoft Corporation (NASDAQ: MSFT) to create a cloud-based Automated Driving Platform (ADP) on Microsoft Azure towards heightened advanced driver assistance...
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Microsoft, General Motors Strike Autonomous Vehicle Partnership: What Investors Need To Know
Tuesday, January 19, 2021 - 1:26pm | 449One of the world’s largest technology companies is teaming up with one of the world’s largest automotive manufacturers. What Happened: General Motors Co (NYSE: GM) and Microsoft Corporation (NASDAQ: MSFT) are partnering on self-driving vehicles. The companies will partner to bring...
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Microsoft In The Clouds With Q1 Earnings Report On Continued Strong Azure Performance
Thursday, October 24, 2019 - 11:44am | 641For Microsoft Corporation (NASDAQ: MSFT), the future is getting less cloudy every quarter — it’s in the cloud. With Azure cloud services again boosting the balance sheet, with some help from Windows subscription growth, Microsoft reported a robust first quarter, with earnings and...
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Wells Fargo: Business PC Market Stabilizing, Good For Microsoft
Friday, April 12, 2019 - 1:11pm | 332Microsoft Corporation (NASDAQ: MSFT) should benefit from a stabilizing PC market and ongoing demand for business-use operating systems, Wells Fargo said Friday as it raised its target price on the software giant’s stock. The Analyst Wells Fargo’s Philip Winslow reiterated an Outperform...
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Why Will Oracle Public Cloud Succeed When Microsoft Azure Has Failed?
Friday, October 7, 2011 - 1:55pm | 199“Oracle has got its cloud strategy right,” says Global Equities Research. “They created their own applications on their own cloud,” Trip Chowdhry wrote in an e-mail update this afternoon. “Not like Microsoft (NASDAQ: MSFT), which created Azure Cloud, but none of their applications, including...