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Microsoft Corporation (NASDAQ:MSFT) announced Tuesday a deal to buy Activision Blizzard Inc (NASDAQ:ATVI) for $95 per share in cash, va...
Share: Amazon.com, Inc (NASDAQ: AMZN) cloud subsidiary Amazon Web Services, according to Wedbush Securities. The Microsoft Analyst: Wedbush analyst Daniel Ives maintained his Outperform rating and $300 price target on the Satya Nadella-led tech giant. The Microsoft Thesis: Ives said, based on Wedbush’s “recent field checks” for the March quarter, the investment firm strongly believes that the “tide is shifting in the cloud arms race” in favor of Microsoft taking into account recent 50% Azure growth number compared to the 28% YoY growth that AWS registered in the past quarter. Wed...