Month: October 2019 | Beth.technology

Microsoft Stock Price: Technical Analysis

Published by Knox Ridley on October 29, 2019

Unlike most tech stocks, Microsoft’s stock price has over 30 years of trading action to analyze. With more data to analyze, I tend to lean heavier on Elliott Wave theory to predict Microsoft’s future. stock price because of the many layers of wave patterns that will naturally unfold over time. This is a guest post provided by Technical Analyst, Knox Ridley This article will lean exclusively on Technical Analysis as we start from a monthly chart and zoom into a daily chart to reach the conclusion that Microsoft’s stock price may have some upside left in the trend, but a…

Microsoft Earnings Likely to Prove Cloud Isn’t Slowing Down

Microsoft Earnings Likely to Prove Cloud Isn’t Slowing Down

Published by Beth Kindig on October 23, 2019

This week, Microsoft’s earnings will shed light on whether the fear over cloud valuations is warranted or not. Just last week, IBM results showed that its cloud segment grew by just 14%, boosted by its Red Hat acquisition. In more signs of trouble in the industry, Workday (WDAY) stock declined sharply last week after the company said that growth in its once-lucrative human capital management was slowing to 20%. This led to analyst cuts from Stifel, Deutsche Bank, and RBC. Morgan Stanley (MS) and Evercore ISI analysts have also rushed to downgradethe cloud industry ahead of the busy earnings extravaganza.…

Why no streaming company will be able to dethrone Netflix

Published by Beth Kindig on October 16, 2019

Netflix critics see mountains of debt and bleeding free cash flow. Opportunists see a company with the world’s best track record for beating the odds in disrupting traditional media. For investors, it could be a costly mistake to be on the wrong side of that debate, as Netflix stock’s 52-week low is $231 and the high is $385, a sizable spread for a $125 billion market-cap company. In the two weeks that followed the streaming company’s second-quarter earnings release in July, Netflix shed $24 billion in market value. The Los Gatos, Calif.-based company releases third-quarter results Oct. 16. Investors are…

Top Tech Stock News: 7 Things You Missed This Week (11-Oct-2019)

Top Tech Stock News: 7 Things You Missed This Week (11-Oct-2019)

Published by Jed Del Rosario on October 12, 2019

1. Comcast to Restructure NBCUniversal Hierarchy Ahead of Peacock Launch Comcast is reshuffling its senior hierarchy ahead of Peacock’s launch date. The company recently announced that it is consolidating Universal Television and Universal Content Productions under a single business unit to be led by NBCUniversal cable’s chairman, Bonnie Hammer. Hammer will assume the title of Chairman for NBCUniversal Content Studios and will report to NBCU CEO Steve Burk. The reorganization is being carried out in preparation for Peacock’s launch, Comcast new streaming service, which is to be headed by Comcast Cable’s Matt Strauss. According to Burke, Hammer was chosen…

Governments won’t be able to stop Facebook and Google from abusive tracking on smartphones — but Apple could

governments-facebook-google-tracking-smartphones-apple

Governments won’t be able to stop Facebook and Google from abusive tracking on smartphones — but Apple could

Published by Beth Kindig on October 4, 2019

Another day, another headline saying Alphabet’s Google and Facebook are being investigated for allegedly breaking privacy laws and engaging in anti-trust behavior. Google GOOG, +0.95% GOOGL, +0.98% has been the subject of three antitrust investigations conducted by the European Union, resulting in more than $8 billion in fines. Now the company, which controls 31% of global digital ad dollars, will face the U.S. on anti-trust matters. A big question is if governments will be effective, as they may not understand how social-media and internet businesses operate. In April 2018, Congress tried to piece together how Facebook’s FB, +2.74% platform works. It ended up being a disaster. Anyone who…

Top Tech Stock News: 7 Things You Missed This Week (4-Oct-2019)

Top Tech Stock News: 7 Things You Missed This Week (4-Oct-2019)

Published by Beth Kindig on October 4, 2019

1. Uber and Lyft Face Increasing Investor Skepticism After weeks of controversy and poor earnings, it’s no surprise that Uber and Lyft are now facing scepticism from investors. Uber shares recently closed at $29.15, whereas Lyft shares recently closed at $39.57, slightly below from their previous lows of $30.29 and $40.84 respectively. The new all-time lows represent the pessimistic sentiments of many investors, despite assurances from both firms that they will be able to bounce back from their various problems. However, both Uber and Lyft are not the only ones affected by the growing scepticism. Investors are also questioning the…