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Microsoft shares plunge after $100 billion merger

October 21, 2021 Comments Off on Microsoft shares plunge after $100 billion merger By admin

NEW YORK — Microsoft Corp. has plunged 12% on the news that it is merging with Incovio Inc., the second-largest cloud computing firm.

The plunge comes as Microsoft is pushing forward with a $100.5 billion deal to buy the San Francisco-based Incovion Corp.

The announcement was first reported by The Wall Street Journal and The Wall Avenue Journal.

The deal would create a $1.4 billion tech giant with more than 40,000 employees.

Microsoft’s stock has plunged more than 60% in the past year.

The tech giant has been struggling to find a footing as the market for its software has lagged, with revenue slipping and the company’s stock falling.

The merger will be the largest acquisition of an existing technology company in the U.S. and the biggest corporate transaction in the history of the U-S.

merger market, analysts say.

“This transaction will be transformative for Microsoft,” said Dan Evers, an analyst at Morgan Stanley.

In a statement, Incovios founder and CEO Eric Zuilenberg said the deal would improve the company and give its employees a more focused work environment.””

We expect it to create more jobs, which will lead to lower prices for employees.”

In a statement, Incovios founder and CEO Eric Zuilenberg said the deal would improve the company and give its employees a more focused work environment.

“We’re pleased to join Microsoft, Inc., in creating a global leader in the enterprise cloud and are looking forward to the exciting future of the company,” Zuillenberg said in a statement.

“This transaction gives us more opportunities to be part of the future of cloud computing.”

The news was first announced on the same day as a report that Incovions CEO Scott Aaronson would retire after 15 years with the company.

Aarbeckons retirement announcement came just days after Microsoft announced its first-ever merger with Inconsys.

The deal is expected to be finalized by the end of the year.

Microsoft said the merger would provide Incovia with an opportunity to grow revenue and grow the company with additional employees.

Microsoft also said it will continue to work with Incivio, Inc. on strategic partnerships and other projects.

The Incovisions cloud services include Office 365, Skype and Xbox Live, which were acquired in 2015 by Microsoft.

Microsoft has been aggressively ramping up its cloud business with a move to the cloud that will create up to 2.4 million jobs.

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When America’s airlines stock went into the stratosphere, the next wave could be on the horizon

July 5, 2021 Comments Off on When America’s airlines stock went into the stratosphere, the next wave could be on the horizon By admin

The stock market has been in free fall for several years now, and it’s only getting worse.

The S&P 500 is down more than 8% this year.

That’s the biggest percentage drop since February.

The Nasdaq is down nearly 13% this month.

The Dow is down almost 6% this cycle.

In the stock market’s most recent six-month high, the Nasdaq was up 554 points on October 29, 2014, but that was just a week before the economic crisis.

Now, the S&amps are down 757 points.

That’s a loss of almost 4.5% in six months.

The Nasdaq has lost nearly 3% in that same time frame.

For the first time in nearly three years, the Dow is off the 10,000 mark for the first straight day, the Nikkei 225 is down 5% and the Shanghai Composite is down just 4.7%.

But there’s good news: The S&ams are in a bubble.

Just as stocks were once on the rise and now are falling, the bond market is beginning to recover, even as Wall Street keeps hitting the brakes on the big gains.

The Fed is expected to raise interest rates in the near term.

But the Fed is doing so for the short term.

It is trying to keep the markets from going into an inflationary spiral, and its plan will require that the U.S. economy grow to 2% growth by 2022, an objective that has eluded the Fed.

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