Alibaba pledges $1 billion to cloud computing customers to reignite growth

Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jiemian News | VCG | Getty Images Alibaba said it will invest $1 billion over the … Read more

Credit Suisse says buy stocks with this characteristic popularized by Warren Buffett

Credit Suisse is recommending stocks with a characteristic favored by Warren Buffett for investors navigating growing risk in equity markets. The firm expects companies with “economic moats” could help investors shield their portfolios from increasing economic uncertainty. It’s a term popularized by the legendary investor that refers to a company’s ability to maintain competitive advantages … Read more

Overly bearish market gives us a chance to add to a beaten-down but quality tech stock

We’re buying 25 shares of Microsoft (MSFT) at roughly $240 each. Following Thursday’s trade, Jim Cramer’s Charitable Trust will own 375 shares of MSFT, increasing its weighting in the portfolio to 3.26% from 3.05% The Microsoft purchase will put a small amount of cash to work Thursday after the prior session’s Federal Reserve-driven declines finally … Read more

The S&P 500 could retest its bear market low as the Fed meeting looms, according to chart analysts

With the Federal Reserve meeting this week, stocks could be volatile, and technical analysts say the S & P 500 looks increasingly set for a retest — and possible break — of its June low. Stock charts have seen a lot of damage recently, and some technical strategists are becoming more pessimistic in the near-term. … Read more

UK’s Ofcom probes Amazon, Microsoft and Google over cloud dominance

The probe will focus on so-called “hyperscalers” like Amazon Web Services and Microsoft Azure, which let businesses access computing power and data storage from remote servers. Chesnot | Getty Images British media regulator Ofcom is investigating Amazon, Microsoft and Google’s tight grip on the cloud computing industry. In the coming weeks, the watchdog will launch … Read more

Salesforce will keep working on security after the Uber hack

Marc Benioff, founder, chairman and co-CEO of Salesforce, speaks at an Economic Club of Washington luncheon in Washington on October 18, 2019. Nicholas Kamm | AFP | Getty Images Salesforce co-CEO Marc Benioff said the cloud software company has much more to do in the area of ​​cybersecurity following an attack at Uber involving Salesforce’s … Read more

Microsoft Windows 11 2022 Update with Clipchamp available

Panos Panay, chief product officer of Microsoft, holds the Surface Neo laptop computer during a Microsoft product event in New York on Oct. 2, 2019. Mark Kauzlarich | Bloomberg | Getty Images Microsoft on Tuesday said it’s starting to release the first major update to Windows 11, the current version of its PC operating system. … Read more

Buy Netflix stock now for these reasons, the analyst says

Shares of Netflix Inc. rallied Monday, to buck the selloff in the broader stock market, after Oppenheimer’s new analyst covering the streaming video giant spelled out reasons why it’s time for investors to jump back in. The stock NFLX, +2.02% climbed 2.3% in premarket trading, while futures ES00, -0.69% for the S&P 500 index SPX, … Read more

Wall Street’s favorite stable stocks include a health care name that can rally nearly 60%

Volatility reigned supreme on Wall Street once again last week. The S & P 500 lost 4.8% for its worst weekly performance since the week ending June 17. It also marked its fourth one-week decline in five weeks. Those losses came after the release of a mixed batch of economic data that included an unexpected … Read more

Buy these quality stocks as the market enters treacherous territory, BMO says

It’s time to consider quality and dividend growth stocks, instead of traditional defensives, to deal with greater volatility ahead, according to BMO Capital. The market is coming off its worst day since June 2020, with the S & P 500 dropping more than 4% on Tuesday on the back of hotter-than-expected US inflation data. Stocks … Read more