• Microsoft to erase its entire carbon footprint by 2050
    Reuters Videos

    Microsoft to erase its entire carbon footprint by 2050

    (SOUNDBITE) (ENGLISH) MICROSOFT CEO SATYA NADELLA SAYING: "We're announcing an ambitious new plan to help address the sustainability of our planet." Microsoft has thrown down the gauntlet on climate change. The world's largest software company on Thursday pledged that by 2050 it will have removed from the atmosphere the entire amount of carbon the company has emitted since it was founded in 1975. The first step to getting there, said CEO Satya Nadella, is by going "carbon negative" - removing more carbon than it currently emits, which he said the company will achieve in ten years. (SOUNDBITE) (ENGLISH) MICROSOFT CEO SATYA NADELLA SAYING: "This is THE decade for urgent action - for Microsoft and for all of us." To achieve its ambitious goals, the tech giant said it has created a "Climate Innovation Fund," which will invest $1 billion over the next four years to speed up the development of carbon removal technology. Co-founder Bill Gates was an early backer of Canadian-based Carbon Engineering, one of a handful of companies developing direct air capture technology. The announcement is the latest in a flurry of corporate climate goals unveiled since President Trump announced in 2017 his decision to pull the U.S. out of the Paris Agreement, a global pact to fight climate change. But many companies have still faced criticism from their employees for doing too little. Amazon last year pledged to be "net carbon zero" by 2040 and to buy 100,000 electric delivery vans after employees pushed the online retailer to take a tougher stance. Microsoft on Thursday also said that it will be powered 100 percent by renewable energy sources in five years.

  • Yahoo U: Breaking down P/E Ratios
    Yahoo Finance

    Yahoo U: Breaking down P/E Ratios

    Yahoo Finance's Brian Cheung explains P/E ratio.

  • Government run health care: A cost-saver or 'unfair competition'?
    Yahoo Finance

    Government run health care: A cost-saver or 'unfair competition'?

    Amid surging health care costs and acrimonious public debate, a new study found that a public-run system would save money over time.

  • Financial Times

    The 1MDB scandal: what does it mean for Goldman Sachs?

    Litigation provisions related to the 1MDB scandal removed more than $1bn from the bank’s bottom line. At its heart is Jho Low, a 38-year-old Malaysian financier accused of masterminding an extraordinary looting of the fund. Goldman helped 1MDB raise $6.5bn in a series of bond issues in 2012 and 2013, much of which was ultimately stolen.

  • Why Nvidia (NVDA) Stock is a Strong Buy Ahead of 2020 Chip Growth
    Zacks

    Why Nvidia (NVDA) Stock is a Strong Buy Ahead of 2020 Chip Growth

    Nvidia shares have soared roughly 60% in the last year as part of a broader semiconductor market climb that has come despite an overall sales and earnings downturn. So is now the time to buy NVDA stock?

  • Google Joins The Trillion-Dollar Club: Who's Next?
    Zacks

    Google Joins The Trillion-Dollar Club: Who's Next?

    Google Joins The Trillion-Dollar Club: Who's Next?

  • Tech Daily: GOOGL, AMZN, AAPL, TSM, FB, MSFT
    Zacks

    Tech Daily: GOOGL, AMZN, AAPL, TSM, FB, MSFT

    Alphabet's trillion dollar valuation, Amazon's India troubles and TSM's upbeat earnings announcement are the top stories in this daily.

  • Top STock Analyst Reports for Microsoft, American Express & Others
    Zacks

    Top STock Analyst Reports for Microsoft, American Express & Others

    Top STock Analyst Reports for Microsoft, American Express & Others

  • Which Stocks are in the $1 Trillion Club?
    Zacks

    Which Stocks are in the $1 Trillion Club?

    The $1 Trillion Valuation Club is one of the most exclusive groups on Wall Street, and it just added its newest member.

  • Buy Google parent Alphabet Stock at its New $1 Trillion Market Cap?
    Zacks

    Buy Google parent Alphabet Stock at its New $1 Trillion Market Cap?

    Shares of Google parent Alphabet Inc. (GOOGL) have jumped 9% in 2020 to help it ascend into the $1 trillion market cap club. Is it time to buy?

  • US STOCKS-Wall Street hits new high as data boosts growth outlook
    Reuters

    US STOCKS-Wall Street hits new high as data boosts growth outlook

    The S&P 500 gained 0.21% to 3,323.61 and the Nasdaq Composite was up 0.05% at 9,362.01. Declining issues outnumbered advancers for a 1.06-to-1 ratio on the Nasdaq. The S&P index recorded 122 new 52-week highs and no new lows, while the Nasdaq recorded 186 new highs and nine new lows.

  • Is Market Breadth So Good That’s Its Bad?
    Yahoo Finance

    Is Market Breadth So Good That’s Its Bad?

    Is it possible that market breadth is so good that it's bad? Absolutely! It's called being overbought from an internal standpoint -- and sometimes leads to a quick and dirty reset to the downside. But we also can rephrase this. "Is it possible that market breadth is so bad, that it's good?" Certainly! It's called a washout -- and usually is associated with an intermediate- to longer-term bottom. In a bull market, we'll take strong market-breadth statistics over not so strong any day. What's giving us pause is that the largest sector, Technology, is again leading in early 2020 and is about as extended internally as it can get.

  • The Zacks Analyst Blog Highlights: JNJ, BHP, MCO, NVDA and DAL
    Zacks

    The Zacks Analyst Blog Highlights: JNJ, BHP, MCO, NVDA and DAL

    The Zacks Analyst Blog Highlights: JNJ, BHP, MCO, NVDA and DAL

  • Microsoft announces global Teams ad push as it combats Slack for the heart of enterprise comms
    TechCrunch

    Microsoft announces global Teams ad push as it combats Slack for the heart of enterprise comms

    The long-running contest between Microsoft and its Teams service and Slack's eponymous application continued this morning, with Redmond announcing what it describes as its first "global" advertising push for its enterprise communication service. Enterprise productivity software, of course, is a large percentage of Microsoft's bread and butter. Slack owns that record, having welcomed Microsoft to its niche in a print ad that isn't aging particularly well.

  • Tractor Supply Expands Feed Products With Triple Crown Launch
    Zacks

    Tractor Supply Expands Feed Products With Triple Crown Launch

    Tractor Supply (TSCO) is set to launch Triple Crown premium horse feed products. The move is likely to aid the top line and revive the stock's performance.

  • S&P 500 Up 1000 Points in a Month: 10 Stocks Boosted the ETF
    Zacks

    S&P 500 Up 1000 Points in a Month: 10 Stocks Boosted the ETF

    The S&P 500 touched the 3,300 mark on Jan 16, having added 1000 points in less than a month. Which stocks led to the ETF rally.

  • Financial Times

    Topping the charts for an extended reign

    FT subscribers can click here to receive Market Forces every day by email. The top 10 music chart was a vital point of reference during my formative days (1980s) and this list was marked by a constant churn, with only rare moments of longstanding dominance by one particular song or album. Today, the so-called top 10 for equities is dominated by the “fabulous five” US technology titans, with China’s Alibaba and Tencent also in the mix.

  • Financial Times

    Wall Street M&A fees drop by more than $500m in 2019

    Top Wall Street banks suffered a $558m drop in fees from advising on mergers and acquisitions in 2019, as a fall in overall dealmaking and lucrative cross-border transactions ate into their revenues. Bank of America, Citi, Goldman Sachs, JPMorgan Chase and Morgan Stanley generated $10.28bn in advisory revenues last year, down 5 per cent from the $10.84bn they reported the previous year, disclosures this week from the five banks showed.

  • Financial Times

    Bonuses at risk as M&A fees slide

    The drinks are still flowing at Le Bernardin and The Grill in Manhattan, but the bankers spending lavishly there may soon notice that their wallets are not being refilled as rapidly as their glasses. Bonus pools are expected to be lower at some of Wall Street’s top banks after merger and acquisition advisory fees dropped $558m last year, several top dealmakers tell DD.

  • What You Need To Know About The US-China Deal
    Zacks

    What You Need To Know About The US-China Deal

    US-China made substantial headway in their trade conflict with phase 1 underway

  • 3 Cloud Computing Stocks to Buy Now for Your 2020 Portfolio
    Zacks

    3 Cloud Computing Stocks to Buy Now for Your 2020 Portfolio

    We found three cloud computing stocks with the help of our Zacks Stock Screener that investors might want to consider buying for 2020...

  • Square (SQ) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Square (SQ) Stock Sinks As Market Gains: What You Should Know

    Square (SQ) closed at $69.53 in the latest trading session, marking a -1.18% move from the prior day.

  • TSMC's Strong Earnings Emphasizes Semiconductor Trends
    Zacks

    TSMC's Strong Earnings Emphasizes Semiconductor Trends

    TSMC's latest earnings gives us some insight into the tech trends we should be expecting going into 2020