S&P 500 Index – An overview for Monday, October 28th, 2019
October 28th -
The long-awaited sustainable breakout for the S&P 500 index above its all-time high of 3,025 level has just arrived this morning, October 28th, 2019. The market opened at 3,032.12 level on Monday. After making a daily high of 3,043.15, it...
Pentagon chooses Microsoft over Amazon for its $10 billion cloud computing contract
October 26th -
The U.S Department of Defense has announced on Friday that Pentagon’s cloud computing contract that was previously valued at $10 billion has been handed over to Microsoft Corp. Competing with the tech giant for the contract was another prominent name...
Tech sector keeping the S&P 500 index from making new highs
October 24th -
The up and down cycle of the S&P 500 index continues on Thursday, October 24th, 2019. The market opened at around 3,015 level that was only 10 points lower than the all-time high for the index. Minutes into the trading...
Amazon joins the DeepFake Detection Challenge (DFDC) by Facebook & Microsoft
October 23rd -
Amazon has made a recent announcement that it would be partnering with the tech giants like Microsoft and Facebook in their battle against Deepfakes. The manipulated content via such nefarious techniques has been bad news for businesses with major companies...
Microsoft shares close lower ahead of new game studio acquisitions announcement
November 12th -
Microsoft shares closed lower in the US Friday, ahead of news at its XO18 event Saturday, that it is purchasing game developers, Obsidian and inXile.