Futures Reverse Overnight Gains As Amazon Euphoria Fizzles

01:05pm, Friday, 04'th Feb 2022 Zero Hedge
Futures Reverse Overnight Gains As Amazon Euphoria Fizzles We warned last night that the surge in futures following the huge bounce in Amazon stock wouldn''t last (simply because a closer read of the company''s earnings left a lot to be desired) and sure enough, in the overnight (extremely illiquid) session, 500 futures erased gains of as much as 1.3% to trade 0.1% lower, or 10 points, to 4,460 as European stocks extend their decline as inflation and monetary tightening outweighed earnings optimism. Meanwhile, Nasdaq 100 futures pared much of their gains, trading just 0.5% higher after earlier rising more than 2%, one day after the index had the worst day since September 2020. The VIX increased for a third day Friday, hovering just below 26. The dollar dropped as the EUR surge continued, following yesterday''s unexpectedly hawkish comments from Lagarde ... while oil was on course for a seventh weekly advance with Brent rising Relief, as brief as it was, was welcome after a 4.2% crash in the Nasdaq 100 Index on Thursday, its biggest since 2020, fueled by a 26% rout in Meta Platforms following disappointing results.
Google announced a new repair program that helps schools fix Chromebooks and could lead students to learn new skills. This comes as right-to-repair advocacy grows and Microsoft brings competition with its cheap Surface Laptop SE.

Amazon has a $31 billion a year advertising business

09:55pm, Thursday, 03'rd Feb 2022 CNBC
Amazon''s advertising services unit is larger by revenue than the advertising portion of Microsoft, as well as total revenue for Pinterest and Snap.
Activision Blizzard Inc. reported holiday results that were below expectations in the extended session Thursday as net bookings for the company''s Activision…
Amazon Explodes 18% Higher On Solid Earnings, AWS Beat, Prime Price Increase With the bulk of the FAAMG stocks - which is now GAMMA following Facebook''s rebranding to Meta - having reported Q4 results (some great, like GOOLG and MSFT, some, like Facebook, terrible), investors were keenly looking to Amazon earnings, where the biggest question for Amazon is how sustainable are the growth trends that boosted its performance during the pandemic. The Internet giant was one of the biggest beneficiaries of shifts in consumer and business behavior last year while continuing to grab market share in cloud. As Bloomberg notes, 2022 is a critical year for new Amazon CEO Andy Jassy, who is facing a declining stock price, slowing e-commerce growth, rising costs, and labor concerns in New York and Alabama. He’s also facing inflation, new consumer technology rivals and third-party product delays in the early days of his first full year as the company’s top executive. Many analysts are expecting a price hike to Amazon Prime given inflation.

Lessons From Microsoft And The Dot-Com Bubble

08:08pm, Thursday, 03'rd Feb 2022 Seeking Alpha

Microsoft to test new experimental Windows 11 features

07:00pm, Thursday, 03'rd Feb 2022 The Verge
Image: Microsoft After revealing last week that Windows 11 is getting a bigger than usual update in February with Android apps, taskbar improvements, and much more , Microsoft is now detailing its plans for Windows 11 testing throughout 2022. The software maker says it plans to experiment more with features for Windows 11 testers to evaluate that may never ship. As part of this ongoing evolution, Insiders will see us lean more heavily on the Dev Channel as a place to incubate new ideas, work on long lead items, and control the states of individual features, explains Amanda Langowski , the lead for the Windows Insider Program. In some cases, these concepts will never ship, but by experimenting more, we can better refine experiences, and deliver solutions Continue reading

Microsoft’s Videogame Boss and the Long Battle to Reinvent the Company

06:34pm, Thursday, 03'rd Feb 2022 The Wall Street Journal
The $75 billion bid to buy Activision Blizzard is the culmination of years of building by Phil Spencer, the company’s gaming chief.

Microsoft''s Videogame Boss and the Long Battle to Reinvent the Company

06:34pm, Thursday, 03'rd Feb 2022 The Wall Street Journal
The $75 billion bid to buy Activision Blizzard is the culmination of years of building by Phil Spencer, the company’s gaming chief.

Retail Investors Are Flooding In To Buy Meta''s Face-plant Dip

06:00pm, Thursday, 03'rd Feb 2022 Zero Hedge
Retail Investors Are Flooding In To Buy Meta''s Face-plant Dip Years of BTFD instinct don''t go away just like that, and with Facebook plunging the 26%, its biggest drop ever, and also the biggest loss of market cap by any company in US history - putting it in context FB has lost more value today than the market cap of 455 S&P500 members - and after its opening collapse, the retail crew has arrived and according to Fidelity, thousands of retail investors are buying the dip this morning. According to Fidelity , FB was by far the most traded among individual investors using Fidelitys platform, with volumes more than five times that of Tesla, the second-most traded stock according to Bloomberg. The imbalance was 80% in favor of dip buyers, with more than 49k buy orders placed on the platform as of 11:52am, compared to 12k sell orders as of 11:52 a.m. in New York. In context, the staggering amount of buy orders was roughly seven times the demand for Amazon, the second-most bought stock. The flood of retail buying is hardly as surprise, and it represents a continuation of the relentless, if somewhat more subdued, purchases by ordinary investors.
Stocks Analysis by Zacks Investment Research covering: Microsoft Corporation. Read Zacks Investment Research''s latest article on Investing.com
Microsoft''s (MSFT) pending acquisition of Activision (ATVI) will help the company further expand into the metaverse, even if what the metaverse is has not been fully fleshed out yet,
Sony cut its full-year sales target for the PlayStation 5 from from 14.8 million units to 11.5 million units as the global chip shortage has hit production.
Microsoft disclosed in a new report that just 22% of Azure Active Directory accounts are using MFA for authentication.
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