Investors are rushing into the relative safe-haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
Stocks fell sharply on Thursday as investors started to fear the U.S.-China trade war is slowing the economy.Marketsread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
See which stocks are posting big moves after the bell on Thursday, May 23.Market Insiderread more
Investors rushed into the safety of bonds Thursday and sold stocks, as it appeared the trade war could be prolonged and more painful for the world economy than expected.Market Insiderread more
Oracle co-founder Larry Ellison disclosed a $1 billion stake in Tesla in late December. It's now worth about $580 million.Technologyread more
Investors trying to get a gauge on the state of U.S.-China trade relations should look at shares of big chipmakers, according to Ned Davis Research.Marketsread more
The volatile stock of Tesla has lost over 40% so far this year, and experts are split on what might happen next.Trading Nationread more
The president addressed farmers and ranchers hurt by the trade war with China, just hours after his administration announced a new $16 billion farm and ranch aid package for...Politicsread more
The e-mail's optimistic tone helped Tesla shares turn positive for the first time in seven days.Technologyread more
J.P. Morgan Chase has cut ties with Purdue Pharma LP over the OxyContin maker's alleged role in the U.S. opioid crisis, forcing it to find a new bank to manage cash and bill...Banksread more
Microsoft unveiled a piece of hardware full of hard drives that companies can fill up with data before sending it off to Microsoft data centers. Companies would use this service for sending massive amounts of data they want Microsoft to host, but that would be too slow or costly to upload over the internet. AWS did something like that in 2015.
Microsoft is also introducing a service that will ease the migration of databases from on-premises data centers into its cloud, and it will start letting people reserve computing resources for future use — at lower prices than they would ordinarily pay. AWS announced a database migration service in 2015 and reserved instances in 2009.
And following the 2016 introduction of AWS' Shield service, which stops applications from being overwhelmed by distributed denial-of-service attacks, Microsoft is now coming out with a comparable tool — the same technology that Microsoft uses to keep Office 365 and Xbox Live running.
AWS held 34 percent of the market for cloud infrastructure services in the second quarter, and Azure, its closest competitor, had 11 percent, according to Synergy Research Group. Microsoft has consistently sought to keep up with AWS by matching prices for core computing and storage in Azure, and making its cloud services available from more places around the world alongside AWS.
Earlier this year Alphabet's Google cloud — which had 5 percent of the cloud infrastructure market, according to Synergy — showed off Cloud Dataprep, an app for easily cleaning up data and getting it ready for deep analysis. Now Microsoft is responding with a data cleaning tool of its own that "learns your data preparation steps as you perform them," a Microsoft spokesman wrote in an email.