Microsoft's most recent trend suggests a bearish bias. One trading opportunity on Microsoft is a Bear Call Spread using a strike $207.50 short call and a strike $212.50 long call offers a potential 36.61% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $207.50 by expiration. The full premium credit of $1.34 would be kept by the premium seller. The risk of $3.66 would be incurred if the stock rose above the $212.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Microsoft is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Microsoft is bearish.
The RSI indicator is at 38.71 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Microsoft
Microsoft Powers Azure Datacenter With Hydrogen Fuel Breakthrough
Thu, 30 Jul 2020 04:09:40 +0000
Microsoft Inc. (MSFT) has announced a development in hydrogen fuel cells by using them to power its Azure datacenter for 48 consecutive hours.Shares were up 1% on July 29 at $203.72.The tech giant says that it has developed a 250-kilowatt fuel cell system that is enough to power a full row of datacenter servers. Microsoft says that the price for hydrogen fuel cells has decreased to the point where they are now affordable for mass deployment as an alternative to diesel-powered backup generators.In a July 27 press release, Microsoft Principle Infrastructure Engineer Mark Monroe talked about diesel-powered datacenters saying, "They are expensive. And they sit around and don't do anything for more than 99% of their life." He added, "And the idea of running them on green hydrogen fits right in with our overall carbon commitments."The news is considered a milestone for Microsoft as it marches toward its goal of being carbon negative by 2030. The company says that the process for refueling the fuel cells is similar to diesel fuel with long-haul vehicles that pull up to datacenters to refill their tanks.Microsoft Chief Environmental Officer Lucas Joppa said, "All of that infrastructure represents an opportunity for Microsoft to play a role in what will surely be a more dynamic kind of overall energy optimization framework that the world will be deploying over the coming years."Joppa is also Microsoft's representative on the Hydrogen Council, which represents leading energy, industry, and transport companies seeking to jumpstart the hydrogen economy.Microsoft says its next steps are to acquire and test a hydrogen fuel cell system that is 3-megawatts in power, which is roughly equivalent to a diesel-powered backup generator used for an Azure data center.On July 23, Mizuho Securities analyst Gregg Moskowitz commented on Azure, saying, "Revenue doesn't tell the whole story as MSFT noted an increase in the number of larger, longer-term Azure contracts." He added that this is "evidenced by strong commercial bookings growth and commercial RPO growth." He reiterated a Buy rating on the stock and a price target of $225, which implies 10% upside potential.Microsoft's stock is up 29% year-to-date with a Strong Buy analyst consensus that breaks down into 26 Buy ratings versus 3 Hold ratings and no Sell ratings. The $225.74 average price target suggests 11% upside potential for the shares in the coming 12 months. (See Microsoft’s stock analysis on TipRanks).Related News: Slack Files EU Complaint Against Microsoft For Trying To Eliminate Competition Microsoft Plans To Become Carbon Neutral By 2030 Apple Announces Plan To Become Carbon Neutral By 2030 More recent articles from Smarter Analyst: * Quest Gets FDA Nod For Faster Covid-19 Testing; Analyst Flips To Buy Call * Qualcomm Pops 12% In After-Hours On $1.8B Huawei License Deal * ServiceNow Drops 4% in After-Hours Despite 2Q Earnings Beat * FireEye Pops 18% As JPMorgan Lifts PT
Antitrust questions bruise but don’t break Big Tech CEOs in historic hearing
Wed, 29 Jul 2020 20:52:00 +0000
It has been a bruising day for tech’s biggest names on Capitol Hill. The CEOs of Google parent Alphabet Inc. (GOOGL) , (GOOG) , Amazon.com Inc. (AMZN) , Apple Inc. (AAPL) , and Facebook Inc. (FB) endured more than three hours of sharp questions about competition Wednesday from House Judiciary Antitrust Subcommittee members. “Our documents from Facebook show it considered Instagram a ‘competitive threat’ that could meaningfully hurt Facebook, so Facebook bought it,” Rep. Jerrold Nadler, D-N.Y., chairman of the House Judiciary Committee, said in a particularly contentious exchange with Facebook CEO Mark Zuckerberg.
Seattle Museum Development Authority, WA — Moody's assigns Aaa to City of Seattle, WA's LTGO Bonds, 2020A and 2020B (taxable); outlook stable
Wed, 29 Jul 2020 17:32:09 +0000
Moody's Investors Service has assigned Aaa ratings to the City of Seattle, Washington's $79.1 million Limited Tax General Obligation Improvement and Refunding Bonds, 2020A and $11.4 million Limited Tax General Obligation Improvement Bonds, 2020B (Taxable). Concurrently, Moody's has affirmed the Aaa ratings on the city's $262.8 million in general obligation unlimited tax bonds, as well as the Aaa ratings on the city's $627.4 million in general obligation limited tax bonds.
These 3 Robinhood Stocks Are Way Too Cheap Right Now
Wed, 29 Jul 2020 16:47:00 +0000
Whether you're looking for fallen giants or underestimated growth rockets, you'll find some tempting ideas among the most popular Robinhood tickers. Walt Disney (NYSE: DIS) was riding high when the COVID-19 pandemic struck. The Marvel, Pixar, and Lucasfilm studios under Disney's wing were on their usual roll, delivering blockbusters and planning another slate of huge releases in 2020.
The Zacks Analyst Blog Highlights: JPM, T, MSFT, PYPL and INTC
Wed, 29 Jul 2020 16:12:04 +0000
The Zacks Analyst Blog Highlights: JPM, T, MSFT, PYPL and INTC
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