Microsoft Corporation
NASDAQ: MSFT
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The quest for a U.S. company to reach $1 trillion in market capitalization continues, with Apple last seen leading the charge. How are the top 10 U.S. companies faring in the race?
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3M and Visa dragged on the Dow Monday, while JPMorgan and Microsoft tried to give the index a lift.
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The top analyst upgrades, downgrades and other research calls from Monday included Apple, Biogen, BJ's Wholesale, ConocoPhillips, Honeywell, Schlumberger, Shopify and Spotify.
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Microsoft took over as the top-performing Dow stock last week, following a better-than-expected earnings report and a five-year agreement to provide Walmart with cloud services.
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The Dow closed roughly flat Friday with Microsoft and JPMorgan leading the gainers with Caterpillar and IBM the leading losers.
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The top analyst upgrades, downgrades and other research calls from Thursday include American Electric Power, Facebook, Microsoft, PayPal, Philip Morris, Spotify and Under Armour.
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Microsoft is on track to open at a new all-time high Friday morning after report better-than-expected fourth-quarter 2018 results Thursday evening.
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IBM's extremely slow growth shows it is still not in the league with Microsoft and other tech giants that have posted strong revenue improvements in areas where IBM management says its future lies.
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Tesla may have a supplier problem, tariffs could hit Apple's financials, North Korea sanctions are having their desired effect, and other important business headlines.
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Microsoft is scheduled to release its fiscal fourth-quarter financial results after the markets close on Thursday.
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With mega-caps leading the way, the 50 largest companies in the S&P 500 were the winners so far this year, and it makes sense to stay there going forward.
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The poster child of the current Nasdaq success is Apple. It is the most valuable component of the index and a symbol of a comeback in tech that was well over a decade in the making.
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Johnson & Johnson, DowDuPont, United Technologies, and Microsoft put up Tuesday's best gains among the Dow 30 stocks.
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Walmart has signed a five-year deal with Microsoft for cloud solutions and services in an effort to standardize the Walmart family of brands.
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The top analyst upgrades, downgrades and other research calls from Tuesday include Applied Materials, BioCryst, Costco, Generac, Goodyear, Intel, Microsoft and Netflix.
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