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Fly News Breaks for March 26, 2018
MSFT, GOOG, GOOGL, AMZN
Mar 26, 2018 | 08:17 EDT
Morgan Stanley analyst Keith Weiss said Microsoft's (MSFT) Public Cloud offering is differentiated from those of cloud giants Amazon (AMZN) and Google (GOOGL) as it spans from core Infrastructure Services to Platform-as-a-Service capabilities and up the stack to the application layer. This combination of Public Cloud assets paired with Microsoft's large existing customer base, developer base, expansive distribution channel, and strong on-premise technology will likely drive continuing share gains over the next three years, contends Weiss. The analyst, who thinks Microsoft looks poised to maintain a dominant position in a public cloud market, also now forecasts improving gross and operating margins for the company over the next three years. Given all of this, Weiss called Microsoft his top pick, increased his price target on the shares to $130 from $110, and noted that he sees the company having a path to $50B in EBIT and a $1 trillion market cap.
News For MSFT;GOOG;GOOGL;AMZN From the Last 2 Days
AMZN
Feb 17, 2020 | 13:29 EST
Amazon Web Services, an Amazon company (AMZN), announced that 3M (MMM) is moving its enterprise IT infrastructure to AWS. As part of a company-wide enterprise IT transformation initiative, 3M is migrating its enterprise resource planning system, including accounting, supply chain management, manufacturing, product lifecycle management, and e-commerce, along with business-critical enterprise IT applications.
AMZN, MSFT
Feb 15, 2020 | 07:34 EDT
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump and his administration with this weekly recap compiled by The Fly: 1. TEMPORARY JEDI WORK... To see the rest of the story go to thefly.com. See Story Here