Coinbase announced that it will be adding Ethereum Classic to its platform. Ethereum Classic is a digital currency that is the result of a hard fork in the ethereum blockchain. Coinbase is emphasizing transparency in the process following allegations that the company's employees benefitted from insider trading when it added bitcoin cash to the platform late last year.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action. Here's the performance of the Dow Jones Industrial Average as of 10:15 am ET: CAT Caterpillar Inc 0.66% GE General Electric Co 0.61% XOM Exxon Mobil 0.55% CVX Chevron Corporation 0.53% KO Coca-Cola Co 0.27% JPM JPMorgan Chase & Co 0.27% AAPL Apple Inc 0.27% IBM Intl Business Machines Corp 0.27% GS Goldman Sachs Grp 0.20% DIS Disney (Walt) Co 0.19% DWDP DowDuPont Inc 0.19% V Visa Inc 0.16% HD Home Depot Inc 0.16% MCD McDonald's Corp 0.10% MSFT Microsoft Corp 0.10% BA Boeing Co -0.06% INTC Intel Corp -0.07% TRV The Travelers Companies Inc -0.09% VZ Verizon Communications -0.11% UTX United Technologies -0.12% PG Procter & Gamble Cc -0.19% PFE Pfizer Inc -0.21% CSCO Cisco Systems -0.23% NKE Nike Inc Cl B -0.24% MRK Merck & Co -0.25% AXP American Express Co -0.35% MMM 3M Co -0.33% JNJ Johnson & Johnson -0.51% WMT Wal-Mart Stores -0.85% UNH UnitedHealth Grp Inc -1.11%
Investing.com - Microsoft (NASDAQ:MSFT)'s decision to acquire software developer platform GitHub is the latest move by CEO Satya Nadella to reshape the tech giant known for its revolutionary software.Remaking Microsoft, however, may not be a surprise for Nadella, 50, who says he's always wanted to build things.Born and raised in Hyderabad, India, he received a BS in electrical engineering from the Manipal Institute of Technology in 1988, before moving to the U.S. for further study. In quick succession, Nadella earned a M.S. in computer science at the University of Wisconsin-Milwaukee and an MBA from the University of Chicago.After a brief stint at Sun Microsystems, he joined Microsoft in 1992, embarking on a career that would be marked by diverse responsibilities and multiple promotions. Cloud computing, however, was where Nadella made his mark.In February 2014, Nadella replaced longtime CEO Steve Ballmer, who had taken over from founder Bill Gates, and quickly began to reshape both the company's corporate culture and business priorities. He's overseen several key acquisitions, including that of LinkedIn (NYSE:LNKD), and made Microsoft a major player in cloud computing. During his tenure, the company's stock has almost tripled.Off the job, Nadella serves on the board of trustees of the Fred Hutchinson Cancer Research Center in Seattle. He enjoys American and Indian poetry as well as cricket. Nadella's 2017 book, Hit Refresh, is both a memoir and meditation on technology and society. It also happens to an be apt description of his approach to leading Microsoft.
Until early March, Advanced Micro Devices, Inc. (NASDAQ:AMD) stock was in a bearish phase. Part of this had to due with the market volatility as well as worries about competitive threats from mega rivals like NVIDIA Corporation (NASDAQ:NVDA) and Intel Corporation (NASDAQ:INTC).
Buckle up — the market is looking jittery right now. If it's not the threat of further Federal interest rate hikes, it's the possibility of a full-blown trade war with China and Europe. Analysts are ranked based on two crucial factors: success rate and average return per recommendation. Following top analysts is an easy way to identify stocks that experts believe have strong investing potential.
In a smartphone world, both of these tech companies should be great buys, right?
