Analysts think Microsoft's Azure cloud growth slowed in the fiscal fourth quarter. But Windows revenue could benefit from better-than-expected PC sales.Technologyread more
Trump said the USS Boxer fired on and destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
President Trump said he's looking at the JEDI Contract that will be awarded to Microsoft or Amazon.Technologyread more
Cowen told investors a potential Wal-Mart acquisition of Jet.com could significantly boost the retailer's e-commerce efforts, but not enough to raise its market perform rating on the stock.
Cowen was one of three firms that updated investors after the report of the potential deal. Yet none of the firms upgraded the stock to buy on the news. Seventy-three percent of Wall Street analysts have a hold rating on Wal-Mart, according to FactSet, a surprisingly lack of buy ratings for a blue- chip stock.