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Microsoft shares close lower on Thursday, tech giant interested in investing in Indonesia data centers, President says

February 28, 2020 9:43 am
Microsoft Corp (MSFT) is interested in investing in data centers in Indonesia, the country’s President said following a meeting with Microsoft’s Chief Executive Satya Nadella on Thursday. Indonesia is also expected to soon introduce key changes to regulatory framework in support of the move. Microsoft shares closed lower for the sixth time in the past […] Read more

Salesforce shares fall for a fourth straight session on Wednesday, Marc Benioff to be sole CEO as Keith Block steps down

February 27, 2020 8:41 am
Salesforce.com Inc (CRM) said earlier this week that Keith Block had stepped down as co-Chief Executive Officer. As a result, Marc Benioff, who established the business software company in 1999, will remain sole CEO and will continue serving as Chairman. Salesforce shares closed lower for a fourth consecutive trading session in New York on Wednesday. […] Read more

Apple shares fall for a fourth straight session on Tuesday, Needham revises down Apple forecasts due to coronavirus impact

February 26, 2020 10:48 am
Needham revised down its quarterly earnings and full-year revenue forecasts for Apple Inc (AAPL), citing an impact from the Wuhan-originated coronavirus on the tech giant’s supply chain. The firm maintained a “Buy” rating and a 12-month price target of $350 on the stock. Apple shares closed lower for a fourth consecutive trading session on NASDAQ […] Read more