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Microsoft Corp (NASDAQ: MSFT) is one of the world’s leading technology companies, responsible for many multi-billion dollar businesses like Office 365, Azure, Xbox, Github and more.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO) continued its recent weakness with ASX Reporting Season a key drag on performance. Treasury Wine Estates Ltd (ASX:TWE) and BHP Group Ltd (ASX:BHP) remain in focus.
The S&P/ASX 200 (ASX:XJO) finished flat for the week, while all three US benchmarks closed the week in the red. Here are my 3 key takeaways.
On The Australian Investors Podcast, 7Investing’s Anirban Mahanti and Owen Rask chat Tesla Inc’s (NASDAQ:TSLA) monster operating leverage, Apple Inc’s (NASDAQ:AAPL) massive iPhone growth & Dubber Ltd’s (ASX:DUB) capital raising.
The Nasdaq constituents, including big tech names, dragged US markets lower ahead of a massive week for earnings reports, falling 1.2%.
It was a mixed day for US stock markets with both the S&P 500 and Dow Jones finishing 0.1% higher but the Nasdaq down 0.2%.
US stock markets were mostly negative overnight, the S&P 500 and Dow Jones falling after an incredible run of new record closes.
US stock markets finished the week at record highs as Amazon (NASDAQ:AMZN) and ASML (NASDAQ:ASML) shares make headlines.
US stock markets continued their sharp recovery, led by the Nasdaq which was up 0.8%. Microsoft (NASDAQ:MSFT) shares are making headlines.
Here are five tech stocks that potentially stand to benefit from the acceleration of technological adoption.
