UBS Reiterates Buy on Microsoft (MSFT) as Shares Trade up
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- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
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- Spain's ex-transport minister sentenced to 24 years for corruption
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- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Obama backs away from law to access encrypted information
October 10, 2015 3:31 PM EDT(Reuters) - President Barack Obama's administration has backed away from seeking legislation that would give U.S. law enforcement agencies access to individuals' encrypted messages, the White House said on Saturday.
"We are actively engaged with private companies to ensure they understand the public safety and national security risks that result from malicious actors use of their encrypted products and services," said White House spokesman Mark... More
Microsoft (MSFT) Announces Pre-Ordering Availability for Surface Book, Surface Pro 4, Microsoft Band 2
October 9, 2015 10:27 AM EDTMicrosoft (NASDAQ: MSFT) posted the following to its official blog on Friday:
Want to be the first on your block to get them? You can pre-order several of Microsofts newest devices, which will be available in the weeks to come.... More
Gartner Says Worldwide PC Shipments Declined 7.7% in Q3
October 8, 2015 4:47 PM EDTWorldwide PC shipments totaled 73.7 million units in the third quarter of 2015, a 7.7 percent decline from the third quarter of 2014, according to preliminary results by Gartner, Inc. Desktop PCs continued to show weakness with a high-single-digit decline, while the segment that combines notebook PCs and premium ultramobiles (such as the MacBook Air and Microsoft Surface Pro) recorded a low-single-digit decline.
"The global PC... More
Global PC Shipments Fell 10.8% in Q3 - IDC (MSFT) (AAPL) (HPQ)
October 8, 2015 4:31 PM EDTWorldwide PC shipments totaled nearly 71.0 million units in the third quarter of 2015 (3Q15), according to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker. This volume represented a year-on-year decline of -10.8% slightly worse than projections for a decline of -9.2%.
The lackluster volume of PC shipments was consistent with expectations that the third quarter... More
Fitbit (FIT) Weakness on Microsoft Band 2 'Overdone', Leerink Partners Says
October 8, 2015 9:37 AM EDTLeerink Partners analyst Steven Wardell came out to defend Fitbit (NYSE: FIT) which is down ~7% over the last two days mostly in reaction to the launch of Microsofts Band 2 on Tuesday.
"While we recognize the competitive environment is intensifying for Fitbit, we... More

