Yesterday, 1:21 PM
- With AWS re:Invent 2016 wrapping up as the week comes to a close (view a comprehensive synopsis of the event's developments here), Amazon (AMZN -0.5%) appears in no way easing concentration on its cloud business. Rather, it's ramping on it as competition and potential for the segment moves further into play.
- In one slide presented by AWS CEO Andy Jassy, approximately 1,000 new capabilities are cited to be added to the unit's services every day, up from a 722 figure for the year prior.
- Additionally, an area of development opportunity observed and acted on this week comprised artificial intelligence, through the launch of Amazon AI. With Microsoft (MSFT -0.1%) and Google (GOOG, GOOGL) already directing attention this way, Amazon not excluded, projecting further distance between Amazon and its closest cloud rivals isn't unreasonable given the offensive it's waging in the field.
- N.B. Most recent (Q3) cloud revenues at Amazon come in at $3.231B (+55% Y/Y), for Microsoft, through the form of +116% growth (no declared figure) and at Google, as the greatest percentage of year-over-year growth across all segments (no declared figure).
Thu, Dec. 1, 9:31 AM
- November monthly performance was: +0.62%
- 52-week performance vs. the S&P 500 is: -5%
- No dividends were paid in November
- Top 10 Holdings as of 10/31/2016: Apple Inc (AAPL): 4.78232%, Microsoft Corp (MSFT): 3.6545%, General Electric Co (GE): 2.09427%, Procter & Gamble Co (PG): 1.43859%, Exxon Mobil Corp (XOM): 1.36332%, Wells Fargo & Co (WFC): 1.34175%, Intel Corp (INTC): 1.2948%, Bank of America Corporation (BAC): 1.2811%, Pfizer Inc (PFE): 1.22767%, Alphabet Inc C (GOOG): 1.22159%
Thu, Dec. 1, 8:49 AM
- November monthly performance was: +3.54%
- 52-week performance vs. the S&P 500 is: -3%
- No dividends were paid in November
- Top 10 Holdings as of 10/31/2016: Apple Inc (AAPL): 6.80131%, Microsoft Corp (MSFT): 5.15024%, Exxon Mobil Corp (XOM): 3.74079%, General Electric Co (GE): 2.88197%, Procter & Gamble Co (PG): 2.47992%, AT&T Inc (T): 2.43052%, Wells Fargo & Co (WFC): 2.30872%, Amazon.com Inc (AMZN): 2.24391%, Facebook Inc A (FB): 2.2067%, Alphabet Inc C (GOOG): 2.16615%
Thu, Dec. 1, 6:04 AM
Wed, Nov. 30, 7:50 AM
- Microsoft's (NASDAQ:MSFT) acquisition of LinkedIn (NYSE:LNKD) this year wasn't the first approach made by the U.S. technology giant to buy the firm, one of the professional networking site's founders told CNBC.
- "Since the early days, Microsoft had a standing offer to our VCs," Konstantin Guericke declared, stating MSFT had approached the company before he left in 2006.
- But the entrepreneur, along with other co-founders including current chairman Reid Hoffman, felt the site still had a long way to grow at the time and didn't see the need to sell out.
Fri, Nov. 25, 11:30 AM
- The South China Morning Post reports Microsoft's Azure platform comprises 17.3% of market share within the country, and maintains positioning there second behind Alibaba Cloud (BABA -0.1%) [N.B. Alibaba owns the South China Morning Post], and ahead of thirdly ranked Amazon Web Services (AMZN) among public cloud platforms in Q4 2016.
- As it targets expanded development in China, Microsoft (MSFT) notes partnerships represent primary focus of the cloud business' growth strategy and that the company overall is "very different" from where it was ten or even five years ago.
- With Alibaba looking to expand its cloud presence into new markets, Amazon already a leader in many, Google ramping attention on its platform and Microsoft's steady transition to a broad focus on cloud-integrated services, the global race for cloud share is well underway and intensifying rapidly.
- Related (October 31): Amazon, Alphabet, Microsoft combine for 12% year-term capital expenditure increase amid intensifying cloud race
Wed, Nov. 23, 1:15 PM
- Coming to Bhutan, Cambodia, Greenland, Guadeloupe, Laos, Maldives, Martinique, Mozambique, Myanmar and Vatican City, bringing availability of Office 365 to a total of 150 markets and 44 languages.
- In its most recently reported quarter, Microsoft (MSFT -1.2%) grew Office 365 commercial revenue by 51%, Office commercial products and cloud services revenue by 5%, and Office consumer products and cloud services revenue by 8%. Office 365 subscribers during the period increased to 24M.
- The company claims 1.2B total users of Office (school, work, personal) globally and plans to deliver Office 365 to 97 additional markets through the next year.
Wed, Nov. 23, 11:02 AM
- With conditions, as reported by Reuters.
- Earlier this week: Microsoft reportedly presents European Commission with software, hardware concessions involving LinkedIn merger
- Update: Modifications involving above-linked concessions cited to be under consideration. The deal has so far received approval in the U.S., Canada, Brazil and South Africa sans compromise.
Tue, Nov. 22, 3:33 PM
- Looking at the top 50 hedge fund hotels, it's probably little surprise that Amazon (NASDAQ:AMZN) and Facebook (NASDAQ:FB) top the list, with Amazon making for a top 10 holding in 61 funds, and Facebook in 57.
- Rounding out the top 10 are Charter Communications (NASDAQ:CHTR), Alphabet (GOOG, GOOGL), Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Yahoo (NASDAQ:YHOO), Allergan (NYSE:AGN), Bank of America (NYSE:BAC), and Priceline (NASDAQ:PCLN).
- Looking at another gauge - the percent of market cap owned by hedge funds - shows CommScope (NASDAQ:COMM) leading the way, with hedge funds owning 37%. Next is Dell Technologies (NYSE:DVMT) and Expedia (NASDAQ:EXPE) at 30%, and after that: Liberty Broadband (NASDAQ:LBRDK) at 24%, LinkedIn (NYSE:LNKD) at 21%, Constellation Brands (NYSE:STZ) at 20%, and Humana (NYSE:HUM) and WhiteWave Foods (NYSE:WWAV) at 19%.
- Previously: Goldman's list of shorts mattering most to hedge funds (Nov. 22)
Mon, Nov. 21, 1:16 PM
- Last week: Microsoft offers EU concessions over LinkedIn bid
- Reuters reports Microsoft (MSFT +0.6%) has offered to maintain open access by competitors to LinkedIn (LNKD +0.1%) and provide hardware manufacturers the ability to install a variety of services as the company continues to seek European Union approval of its LinkedIn purchase.
- Favoring of LinkedIn over rivals and packaged products making operation more difficult for other services, the latter something European Commission regulators have gone after Google for, are considered main concerns held by the agency, ones these measures are intended to ease.
- A formal, definitive ruling on the deal is expected December 6.
Fri, Nov. 18, 9:15 AM
- Considered potentially similar in aim to Google's (GOOG, GOOGL) TensorFlow open source library for machine learning.
- The report rounds out a week of related developments in the realm of artificial intelligence and cloud integrations from competitors Microsoft (NASDAQ:MSFT) and Google as the group overall looks to expand cloud potential even further.
- This week: Google, Intel form enterprise cloud alliance / Baird notes Google distinction among artificially-intelligent cloud contenders / Google bolstering attention on AI, cloud synergies / Microsoft ramps focus on Azure's AI role / Nvidia, Microsoft collaborating on enterprise AI / Google Cloud Machine Learning family grows with new API, editions and pricing
Thu, Nov. 17, 7:01 PM
- Videogame sales were up 6% Y/Y in total in October, as some key pre-holiday software releases again made up for slipping hardware.
- Overall sales were at $875.7M, according to NPD Group. Hardware revenues dropped 20% to $215.2M, and accessories spending fell 24% to $121M.
- “Unit sales for the Xbox One (MSFT +1.7%) brand of hardware grew by 8% compared to last October," said NPD's Sam Naji, as pricing for Xbox One hardware dropped 17% with a lower priced One S Minecraft bundle. The month's best-selling hardware, though, was the PS4 (SNE +1.1%) Slim 500 GB Uncharted 4: A Thief's End bundle. And Nintendo's (OTCPK:NTDOY +3.4%) 3DS saw its fifth straight month of Y/Y growth.
- Meanwhile, videogame software spending on console platforms rose 31% to $505.7M, and PC game software jumped 172% to $33.8M, thanks to "popular new games that included Battlefield 1, Mafia III, Gears of War 4, Titanfall 2 and Civilization VI," said Naji.
- Individual games (ranked by dollar sales): Battlefield 1 (EA +1%) took the top spot, followed by Mafia III (TTWO +4.7%) and Gears of War 4 (NASDAQ:MSFT). FIFA 17 (NASDAQ:EA) was fourth and NBA 2K17 (NASDAQ:TTWO) fifth.
- Rounding out the top 10: Elder Scrolls V: Skyrim (Bethesda Softworks), WWE 2K17 (TTWO), Civilization VI (TTWO), Titanfall 2 (EA) and Madden NFL 17 (EA).
Thu, Nov. 17, 7:50 AM
- Citing opportunity in cloud computing, analyst Heather Bellini boosts Microsoft (NASDAQ:MSFT) to Buy from Neutral. She lifts the price target to $68 from $60, suggesting 14% upside from yesterday's close.
- Shares +1.6% premarket to $60.59.
Wed, Nov. 16, 1:02 PM
- Regarding the Linux Foundation, Microsoft (MSFT +0.8%) joins as a Platinum member, representing a stark departure from the company's previously held viewpoint on the open-source operating system model. The company, however, has increased participation and focus within and on the open-source community of late.
- Google (GOOG, GOOGL), meanwhile, becomes a member of the .NET Foundation's Technical Steering Group, joining other participants in the Microsoft-initiated organization and further highlighting a growing focus on open development.
- Samsung Electronics (OTC:SSNLF), already inclusive of .NET, is thirdly highlighted in today's announcement to be making available a preview of Visual Studio Tools for Tizen, which target developers and enable the construction of .NET apps across Samsung Electronics TVs, wearables, mobile devices and other various IoT devices.
Wed, Nov. 16, 4:47 AM
- Seeking to allay concerns over its largest ever deal, Microsoft (NASDAQ:MSFT) has offered concessions to EU antitrust regulators over its $26B bid for LinkedIn (NYSE:LNKD).
- The European Commission, which will rule on the deal by Dec. 6, did not provide details.
- It's expected to seek feedback from rivals and customers before deciding whether to accept the concessions, demand more or open a full investigation.
Tue, Nov. 15, 4:07 PM
- Something Microsoft's (NASDAQ:MSFT) similarly focused on, announcing developments of its own in the area today as well.
- Google (GOOG, GOOGL) has revealed formation of a new group for Google Cloud, and hired Stanford's' Artificial Intelligence director and Snap's research head, while citing strong focus on machine learning and artificial intelligence. Organization of the group is unclear at present, though an internal group at Microsoft, with similar intentions of "democratizing artificial intelligence", was formed in late September.
- As major cloud players vie for consideration as top candidates in the space, artificial intelligence and associated fields are emerging as necessary components of their respective strategies.