Morning Report 24 Feb 22: European sharemarkets fell on Thursday

11:10pm, Thursday, 24'th Feb 2022 The Daily Telegraph
Investors responded to the invasion of Ukraine. Banks (down 8.2%) and automakers fell most although the oil and gas sector fell by only 0.3%. Shares in Societe Generale fell by 12.2%. Defence stocks rose with BAE Systems in the UK up by 5.2%. Renewable energy was another bright spot on markets. The pan-European STOXX 600 index fell by 3.3% to 9-month lows. The German Dax index lost 4.0% with the UK FTSE index lower by 3.9%. In London trade, shares in Rio Tinto fell by 1.8% and BHP fell by 7.0% (traded ex-dividend). US sharemarkets were mixed on Thursday with gains in some technology ''megacaps'' limiting losses. Financials fell 1.2% with banks down 2.5% as bond yields fell. Shares in Amazon rose by 4.5% with Microsoft up 5.1%. At the US close, the Dow Jones index was up by 92 points or 0.3% after being down 859 points. The S&P 500 index rose 1.5%; the Nasdaq rose 436 points or 3.3%.
In response to Microsoft’s resounding success with its games subscription service Xbox Game Pass, Sony is reportedly buffing up its own service, PlayStation Now, with even more games and multiple tier options. After being revealed by Bloomberg late last year, this new project–internally codenamed Spartacus–seems to be getting closer to completion, as reports regarding its […] PlayStation Spartacus Subscription Game Service Pricing Details Revealed In Report

Outlook bad for Starbucks’ anti-union lawyers

09:56pm, Thursday, 24'th Feb 2022 The Verge
An untimely crash in the Microsoft software nullified an argument meant to disrupt the organizational efforts of Starbucks workers in upstate New York.

How to Win With Game Stocks

09:53pm, Thursday, 24'th Feb 2022 Kiplinger
In one of the most volatile episodes in stock market history, investors early last year took the shares of a company called GameStop ( GME ) on a wild ride that few would have expected for a business that''s mostly a brick-and-mortar antique, the gaming version of a chain of video stores. Its shares went on an adventure that echoed the characteristics of the video games on its shelves: fantasy, violence and a romantic quest for justice and vengeance. SEE MORE The 12 Best Tech Stocks to Buy for 2022 In real life, however, GameStop has had a lousy year, losing money once again. But the rest of the gaming sector has taken up the mantle. It''s booming, becoming the backbone of the metaverse , a three-dimensional online environment that is likely the "next big thing" in consumer technology. In 2020, partly because the pandemic kept Americans indoors, gaming revenues exceeded those of movies and sports events combined. Global gaming sales in 2021 are estimated at $178 billion and projected to rise to $269 billion by 2025.

TSX Surges Past Breakeven

09:23pm, Thursday, 24'th Feb 2022 Baystreet Canada
Equities in Canada’s largest market shed their red readings toward the close on Thursday, following a sharp selloff in global markets after Russia launched an all-out invasion of Ukraine. The S&P/TSX index struggled to a gain of 17.76 points to conclude Thursday at 20,761.93. Tech concerns led the parade, with BlackBerry charging ahead 48 cents, or 6%, to $8.45 Health-care stocks also flowered, with Canopy Growth moving ahead 26 cents, or 2.9%, to $9.09. Among utilities, Algonquin Power and Utilities collected 29 cents, or 1.6%, to $17.97. Gold and materials reversed roles and took the punishment. Barrick Gold ditched 25 cents to $28.87, while Agnico Eagle Mines fell $3.15, or 4.5%, to $66.58. Financials also took some lumps, most notably, Canada’s largest bank, the Royal Bank of Canada, which dipped $2.86, or 2%, to $137.63. On the economic calendar, Statistics Canada the number of employees receiving pay or benefits from their employer rose by 122,200, or 0.7%, in December, the seventh consecutive monthly increase.
Microsoft is making the Windows 11 taskbar more tablet-friendly. A new mode will automatically hide app icons and the Start button and make everything more touchable.
Microsoft Corporation (NASDAQ:MSFT) at last check was buoying at $282.03 on Wednesday, February 23 with a rise of 0.63% from its closing price on previous day. Taking a look at stock we notice that its last check on previous day was $280.27 and 5Y monthly beta was reading 0.87 with its price kept floating in … Microsoft Corporation (MSFT) Rises From The Low: Could It Be A Catbird Seat? Read More »

India’s vaccine coverage very impressive: Bill Gates

06:07pm, Thursday, 24'th Feb 2022 Buziness Bytes
Hyderabad, Feb 24 (IANS) Microsoft Co-founder and Bill & Melinda Gates Foundation Co-chair Bill Gates was all praise for India for development, manufacturing and distribution of Covid-19 vaccines and termed the country’s vaccine coverage as “very impressive”. He said that the Gates Foundation is working with its partners in India not just for Covid vaccines […] The post India’s vaccine coverage very impressive: Bill Gates appeared first on Buziness Bytes .

Microsoft reveals new Games with Gold for March

04:41pm, Thursday, 24'th Feb 2022 Thurrott
Microsoft has just revealed the four Games with Gold titles that include the rogue-lite survival game The Flame in the Flood as well as the Xbox 360 game Sacred 2 Fallen Angel. The post Microsoft reveals new Games with Gold for March appeared first on Thurrott.com .

BABA, AAPL, TSLA, FB, MSFT, AMZN: Why Are Tech Stocks Down Today?

04:37pm, Thursday, 24'th Feb 2022 InvestorPlace
Tech stocks across the board are down today as the market correction is only amplified by Russia''s recent invasion of Ukraine.

Notepad on Windows 11 to soon get support for emojis

03:58pm, Thursday, 24'th Feb 2022 The Times of India
Microsoft teased new design of its native apps when Windows 11 was unveiled last year. While several features that were announced by Microsoft were available to the public with the official OS release, a few features that were left are now being rolled out to the public.

Next pandemic likely to be a respiratory virus: Bill Gates

03:37pm, Thursday, 24'th Feb 2022 The Siasat Daily
Hyderabad: The next pandemic will not be a COVID-19 virus or a flu, but it is more likely to be a respiratory virus, said Microsoft founder Bill Gates. The billionaire philanthropist, in conversation with Telangana IT minister K. T. Rama Rao (KTR) also said that it won’t be long until the next pandemic strikes. Speaking … Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .
Wedbush analyst Dan Ives argued Thursday that the market drop that has accompanied Russia''s invasion of Ukraine has provided an opportunity to buy tech stocks, like Apple and Microsoft.
Take advantage of Best Buy''s price cut on Microsoft''s premium 2-in-1 so you can work, game, create and stream with ease wherever you go.
Microsoft is adding new employees in China to help Chinese video game studios and publishers expand overseas through its Xbox, according to an executive at the US software giant’s gaming unit.The new team will help game developers in China “reach a wider global audience”, Rod Chang, senior director of Microsoft’s Asia Gaming department, said in a LinkedIn post last week.Chang was lead producer for Xbox games’ State of Decay and Skulls of the Shogun, and director for Minecraft’s China edition,…
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