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19 September 2021
13:59 hour

Microsoft to buy back up to $60 billion in shares; names Brad Smith vice chair

Investing.com

15/09/2021 - 03:31


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  1. Microsoft announces share buyback and increase of dividends. (15/09/2021 - Reddit Stocks)
    https://money.usnews.com/investing/news/articles/2021-09-14/microsoft-announces-share-buyback-program-of-up-to-60-billion (Reuters) -Microsoft Corp said on Tuesday its board had authorized a new share buyback program of up to $60 billion, while also raising the quarterly dividend by 11%. The new dividend of $0.62 per share is an increase of 6 cents over the previous quarter's dividend. Microsoft said the share buyback program, which has no expiration date, may be terminated at any time. The company's board also approved the appointment of Brad Smith as president and vice chair of Microsoft. While Smith already serves as the president of company, Microsoft said that vice chair was an updated executive role for him.   submitted by   /u/OhShit__ItsDrTran [link]   [comments]
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  2. Microsoft (MSFT) hikes dividend and unveils $60B stock buyback program (15/09/2021 - Reddit Stocks)
    Expanding its program for returning capital to shareholders, Microsoft late Tuesday said its board voted to both boost its quarterly dividend and adopt a new share repurchase program. Microsoft (ticker: MSFT) raised its quarterly dividend rate by 11%, to 62 cents from 56 cents. It was the 12th straight year that the company has boosted its quarterly payout following its September board meeting. The new rate gives the company a yield of 0.8%. The hike follows increases of 10% last year and 11% in 2019. The company also announced a new $60 billion stock repurchase program, with no specific expiration date. Microsoft also said its board has appointed President Brad Smith to the added role of vice chair. “This reflects the unique leadership role that Brad plays for the company, our board of directors and me, with governments and other external stakeholders around the world,” Microsoft CEO and Chairman Satya Nadella said in a statement. Source   submitted by   /u/mynamesafad [link]   [comments]
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  3. Microsoft names CEO Nadella to chair the board (17/06/2021 - Seeking Alpha)

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  4. : Bank of America vice chair and chief operating officer to retire at year-end (26/08/2021 - Market Watch)
    Bank of America's first female vice chair Anne Finucane and COO Thomas Montag will retire at the end of the year.
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  5. Realtor.com: Vice Media’s Shane Smith is selling his $50 million Santa Monica estate (18/02/2021 - Market Watch)
    The executive chairman of Vice Media, Shane Smith, has put his storied Santa Monica estate on the market for $50 million — making it the priciest property in the area.
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  6. Microsoft in advanced talks to buy Nuance for about $16 billion, announcement could come Monday (11/04/2021 - Reddit Stocks)
    https://www.cnbc.com/2021/04/11/microsoft-in-advanced-talks-to-buy-speech-recognition-company-nuance.html A deal could be announced as soon as Monday, said one person who is familiar with the talks. Microsoft first approached Nuance in December, the person said, and is willing to pay about $56 per share for Nuance, the person said. That would give Nuance an equity value of about $16 billion, representing a 23% premium over the stock’s Friday closing price of $45.58 per share. At $16 billion, Nuance would be Microsoft’s second largest acquisition, after the $27 billion purchase of LinkedIn in 2016. Microsoft just finished the Bethesda acquisition for 7.5 billion. It is talking to acquire Discord. Now it is acquiring Nuance for 16 billion. Microsoft really spending cash hoard to acquire potential companies to further strengthen the moats. It is already breaking 52 weeks high everyday. This year will be bright for Microsoft and the stock price will hit at least $300.   submitted by   /u/coolcomfort123 [link]   [comments]
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  7. : Microsoft in talks to buy Nuance Communications for around $16 billion: reports (11/04/2021 - Market Watch)
    If successful, the acquisition would be Microsoft's second-largest ever, behind 2016's $24 billion purchase of LinkedIn.
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  8. Microsoft earnings call (27/07/2021 - Reddit Stocks)
    Microsoft earnings call summary: Revenue: $46.15 billion versus $44.25 billion expected Earnings per share: $2.17 versus $1.92 expected Productivity and Business Processes: $14.69 billion versus $13.9 billion expected Intelligent Cloud: $17.38 billion versus $16.4 billion expected More Personal Computing: $14.09 billion versus $13.8 billion expected   submitted by   /u/ayanD2 [link]   [comments]
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  9. : Microsoft reportedly in talks to buy Discord for more than $10 billion (23/03/2021 - Market Watch)
    Microsoft Corp. is in discussions to purchase videogame-chat platform Discord for more than $10 billion, according to a report by Bloomberg News.
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  10. : Microsoft tops $60 billion in annual earnings for the first time to cap another record-breaking year (27/07/2021 - Market Watch)
    Microsoft Corp. finished yet another record-breaking year with more than $60 billion in profit and $165 billion in sales, showing why it has become only the second $2 trillion company in U.S. stock market history.
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  11. Unpopular opinion: Remove Netflix from FAANG. It doesn't even compare to the other names in that acronym. (21/07/2021 - Reddit Stocks)
    I think Netflix should be replaced with Microsoft, considering Netflix has a much lower market cap than Microsoft, and the fact that Netflix isn’t as diversified in different sectors and products, like how Microsoft is. I just don’t think Netflix has as much to offer and that is doesn’t deserve to be in FAANG. If Microsoft were to replace Netflix is FAANG, what should FAANG’s new name be? FAAMG? FAGMA?   submitted by   /u/Kursk-1943 [link]   [comments]
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  12. Vice Chair Clarida hints the Fed won't know where it stands until next year: At the Open (09/04/2021 - Seeking Alpha)

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  13. Microsoft beats earnings and revenue expectations as the company releases Q2 report (27/07/2021 - Reddit Stocks)
    Microsoft released its fiscal fourth-quarter results on Tuesday. Here’s how the tech giant fared in the quarter relative to what analysts polled by Refinitiv expected: Earnings: $2.17 per share vs adjusted $1.92 per share expected Revenue: $46.15 billion vs. $44.24 billion forecast Microsoft earnings are out – here are the numbers https://www.cnbc.com/2021/07/27/microsoft-msft-earnings-q4-2021.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard   submitted by   /u/juaggo_ [link]   [comments]
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  14. Yields jump after Fed Vice Chair Richard Clarida sees possible tightening in 2023 (04/08/2021 - Seeking Alpha)

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  15. Translate Bio names Brendan Smith CFO (19/04/2021 - Seeking Alpha)

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  16. Microsoft Beats Earnings Estimates (27/04/2021 - Reddit Stocks)
    Microsoft easily beats earnings estimates and Azure was up 50%. ​ Third-quarter revenue of $31.7 billion was up 19% year-over-year and beat Street estimates of $41 billion. Microsoft reported operating income of $17 billion and net income of $14.8 billion, up 31% and 38% year-over-year, respectively. Earnings per share of $1.95 beat estimates of $1.78 per share. The company saw revenue of $13.6 billion for its productivity and business processes segment, up 15% year-over-year. Office commercial products and cloud service revenue was up 14% year-over-year led by growth in Office 365 commercial revenue up 22% year-over-year. Microsoft 365 consumer subscriptions hit 50.2 million in the third quarter. LinkedIn revenue was up 25% year-over-year. Dynamic products and cloud services revenue was up 26% year-over-year. The company’s more personal computing business segment reported $13 billion in revenue, up 19% year-over-year. Xbox revenue was up 34% year-over-year in the segment. Search advertising revenue was up 17% year-over-year. Growth In Cloud: Intelligent cloud segment revenue was $15.1 billion in the third quarter, up 23% year-over-year. Server products and cloud service revenue was up 26% year-over-year driven by Azure revenue up 50% year-over-year. “We are building the cloud for the next decade, expanding our addressable market and innovating across every layer of the tech stack to help our customers be resilient and transform,” said CEO Satya Nadella. Total Microsoft Cloud revenue hit $17.7 billion, up 33% year-over-year. Microsoft Corporation (NASDAQ:MSFT) - Microsoft Beats Q3 Earnings Estimates, Sees Azure Revenue Up 50% | Benzinga   submitted by   /u/gorays21 [link]   [comments]
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  17. ContextLogic names former Square executive to chair role (12/05/2021 - Seeking Alpha)

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  18. Granite names Larkin as new CEO, McNally as new board chair (04/06/2021 - Seeking Alpha)

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  19. Illumina names John Thompson new Board Chair (19/03/2021 - Seeking Alpha)

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  20. Velodyne Lidar names former NTSB chair to board (17/03/2021 - Seeking Alpha)

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  21. SoftBank unit offloads $4 billion of Facebook, Microsoft shares (10/08/2021 - Seeking Alpha)

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  22. Taking Profit vs. Long Term Holds (07/05/2021 - Reddit Stocks)
    For example; I've been holding shares of Microsoft, Apple, Nike, Zillow for over a year and I plan to hold these stocks for the next 3-5 years. However, I've seen my portfolio and these stocks in particular go up to 52-week highs then drop back down to the price I purchased them. Should I sell the next time it reaches the 52-week high then just buy back the shares when it goes back down?   submitted by   /u/bchen270 [link]   [comments]
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  23. Aleafia Health names Mark Sandler as board chair (29/07/2021 - Seeking Alpha)

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  24. NuVasive names Daniel Wolterman as independent board chair (19/05/2021 - Seeking Alpha)

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  25. Cleveland-Cliffs names Goncalves' son as new CFO; promotes Smith, Koci (30/08/2021 - Seeking Alpha)

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  26. Microsoft buys AI speech tech company Nuance for $19.7 billion (12/04/2021 - Reddit Stocks)
    Microsoft is buying AI speech tech firm Nuance for $19.7 billion, bolstering the Redmond, Washington-based tech giant’s prowess in voice recognition and giving it further leverage in the health care market, where Nuance sells many products. Microsoft will pay $56 per share for Nuance, a 23 percent premium over the company’s closing price last Friday. The deal includes Nuance’s net debt. Source   submitted by   /u/mynamesafad [link]   [comments]
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  27. MindMed names Robert Malenka scientific advisory board chair (29/03/2021 - Seeking Alpha)

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  28. The Wall Street Journal: Microsoft agrees to nearly $22 billion deal to make AR headsets for U.S. Army (31/03/2021 - Market Watch)
    Microsoft Corp. has agreed to build custom augmented-reality headsets for the U.S. Army in a deal worth up to $21.9 billion, expanding the technology company’s role as a major government supplier.
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  29. Scam? Offer to buy shares 12% higher than current price (29/04/2021 - Reddit Stock Market)
    I am woundering if this is legit or a scam. Today I received (and others I know who own Microsoft shares) an automated message from my broker saying that a company "Tutanota LLC" wants to buy up to 2,000,000 shares in Microsoft for $ 280 per share. The current price of Microsoft stock is approx. 250 USD. Anyone have experience with similar offers? Can't they just buy for $250 from the market instead? and if this is legit I could just buy many shares for 250 USD now and accept the offer and earn easy 12%? things seem a bit illogical. I found more info here   submitted by   /u/sarmadsa_ [link]   [comments]
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  30. Microsoft closes $7.5 billion Bethesda acquisition, aiming to take on Sony with exclusive games (26/03/2021 - Reddit Stocks)
    https://www.cnbc.com/2021/03/09/microsoft-closes-bethesda-acquisition-aiming-to-take-on-sony.html Microsoft has closed its $7.5 billion acquisition of ZeniMax, the parent company of Bethesda. Microsoft confirmed that some new Bethesda games would be exclusive to Xbox consoles and PCs. The firm has often been seen as lagging behind Sony when it comes to major first-party releases. This is a positive news as msft could improve the gaming business. It will be more competitive to sony and able to generate more subscription revenue. The stock is trading around $230 and it is an attractive entry point for long term investors.   submitted by   /u/coolcomfort123 [link]   [comments]
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  31. Coherus Biosciences names Ildiko Csiki chair of its scientific advisory board (21/07/2021 - Seeking Alpha)

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  32. Microsoft beats on revenue and EPS in Q3 (27/04/2021 - AlphaStreet)
    Microsoft Corp (NASDAQ: MSFT) reported third-quarter 2021 financial results after the regular trading hours on Tuesday. The tech giant reported Q3 revenue of $41.7 billion, up 19% year-over-year and above the Wall Street consensus. The company reported a net income of $1.95 per share, much better than what analysts had anticipated. MSFT shares fell 3.5% immediately following the announcement. The stock has rallied 50% over the past twelve months. (The story will be updated with an AlphaGraphic) Looking forward to listening to management/ analyst comments on quarterly results? Stay tuned here for Microsoft Q3 2021 earnings call transcript Prior performance The post Microsoft beats on revenue and EPS in Q3 first appeared on AlphaStreet.
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  33. Microsoft reports Q4 earnings: Infographic (27/07/2021 - AlphaStreet)
    Microsoft (NASDAQ: MSFT) reported fourth-quarter 2021 financial results after the regular market hours on Tuesday. The tech giant reported Q4 revenue of $46.2 billion, up 21% year-over-year and higher than the Wall Street projection. Net income of $2.17 per share was also above the target that analysts had anticipated. MSFT shares fell 2.5% immediately following the announcement. The stock has gained 31% since the beginning of this year. (The story will be updated with an earnings infographic) Looking forward to listening to management / analyst comments on the results? Stay tuned here for Microsoft Corp Q4 earnings call transcript Prior performance The post Microsoft reports Q4 earnings: Infographic first appeared on AlphaStreet.
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  34. If you could only pick just one... (10/07/2021 - Reddit Stocks)
    This post if part curiosity and part self-serving. I've been seeing questions from new investors lately that are wondering about big tech and what to invest in. In particular, of Amazon, Apple, Microsoft and Google, it seems like MSFT has been the resounding favorite. It seems that way to me at least; I'd love to run a poll to get a better count but that's not an option. So, my question for everyone is: Let's say you had $5K to invest in only one of four names, Amazon, Microsoft , Apple or Google. And after buying the shares you wouldn't have access to your account or any information for 5 years. No news, no earnings, no guidance... just a blind leap of faith and then you open your present in 5 years and see what you got. Which of the 4 would you pick? I'd love to post the totals in a week or so if there are enough responses. Me personally, I don't own any of these names (here comes the self-serving part) but plan to. I just can't make up my mind. I have been leaning Amazon, but still can't make up my mind. So I need all of you to tell me which dress makes me look fat, and which one is going to make a billionaire in 5 years (no pressure). Thanks!   submitted by   /u/LuncheonMe4t [link]   [comments]
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  35. Bank of Hawaii Corp (BOH) Q1 2021 Earnings Call (04/05/2021 - AlphaStreet)
    Bank of Hawaii Corp  (NYSE: BOH) Q1 2021 earnings call dated Apr. 26, 2021. Corporate Participants: Janelle Higa — Manager of Investor Relations Peter S. Ho — Chairman, President and Chief Executive Officer Dean Y. Shigemura — Vice Chair and Chief Financial Officer Mary E. Sellers — Vice Chair and Chief Risk Officer Analysts: Ebrahim Poonawala — Bank of America — Analyst Jeff Rulis — D.A. Davidson — Analyst Andrew Liesch — Piper Sandler — Analyst Jackie Bohlen — KBW — Analyst Laurie Hunsicker — Compass Point — Analyst _________ To read the full earnings call transcript, click here The post Bank of Hawaii Corp (BOH) Q1 2021 Earnings Call first appeared on AlphaStreet.
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  36. London Markets: Earnings from Smith & Nephew, Standard Chartered and Unilever help drive FTSE 100 back to 7,000 (29/04/2021 - Market Watch)
    London stocks were setting up for the best session in five on Thursday, after upbeat results from a number of blue chips, including Smith & Nephew, Unilever and Royal Dutch Shell.
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  37. The Ratings Game: Microsoft $19.7 billion deal for Nuance is a ‘no brainer’— and could be a steal (12/04/2021 - Market Watch)
    Microsoft Corp. is making a big healthcare push with its purchase of speech-recognition software maker Nuance Communications—and the company could be getting a bargain.
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  38. What would AMZN P/E be if they didn't reinvest so much back into the company? (24/08/2021 - Reddit Stocks)
    Heard recently that the company invests something like 40 to 50 billion back into their company every year far outpacing even the number two position for most reinvestment. I am wondering then how this effects it's P/E ratio and if this makes its current higher P/E ratio compared to google, apple and Microsoft irrelevant.   submitted by   /u/iamslightlyinsecure [link]   [comments]
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  39. Carnival ($CCL) is planning to sell $1 billion in new shares. What to expect? (23/02/2021 - Reddit Stocks)
    On Monday Carnival announced that it’s going to sell fresh shares worth $1 billion. With the current price of ~$25/share is 40 million new shares. The AVG volume is at 41.41M atm. I’m pretty novice to the investing scene, is my understanding correct about CCL releasing new shares in around the volume of the existing shares? This is of course to raise capital in order to cover the operating costs needed until the awaited opening. How could this affect the stock price short term/long term? The pre-pandemic level of $40/share is not expected to come back any time soon, however this dilution could probably hold back the increase for an even longer time.   submitted by   /u/waldi712 [link]   [comments]
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  40. Microsoft has tried to buy Pinterest the last few months (11/02/2021 - Reddit Stocks)
    TL;DR: Pinterest has expressed interest in staying an independent company. Link Microsoft Corp. made overtures to buy Pinterest Inc. in recent months, the Financial Times reported Wednesday night. The acquisition talks are not currently active, the FT reported, adding that in the past Pinterest has signaled its preference to remain an independent company. The FT reported that Microsoft’s acquisition strategy is targeting active online communities that it can pair with its cloud platform. Pinterest PINS, +2.15% has a current market valuation of about $50 billion, bolstered by a 36% rise in its shares over the past three months. The online-pinboard platform has boomed during the pandemic, as users have had more time on their hands. Over the past 12 months, Pinterest shares are up 239%. I think this is great news for the company, and shows its potential.   submitted by   /u/MadCritic [link]   [comments]
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  41. : Facebook, Google and Microsoft stocks reach records as Big Tech bounces back (05/04/2021 - Market Watch)
    Shares of Facebook Inc., Google parent Alphabet Inc., and Microsoft Corp. closed at record highs Monday, cresting on a wave of strong U.S. job growth last month despite a wave of criticism over their outsize influence on the economy and in the lives of Americans. The tech-heavy Nasdaq Composite Index rose 1.7%.
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  42. NewsWatch: Facebook, Google and Microsoft stocks reach records as Big Tech bounces back (05/04/2021 - Market Watch)
    Shares of Facebook Inc., Google parent Alphabet Inc., and Microsoft Corp. closed at record highs Monday, cresting on a wave of strong U.S. job growth last month despite a wave of criticism over their outsize influence on the economy and in the lives of Americans. The tech-heavy Nasdaq Composite Index rose 1.7%.
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  43. The Ratings Game: Microsoft’s $19.7 billion deal for Nuance is a steal, but rivals could jump in to offer more, analyst says (12/04/2021 - Market Watch)
    Microsoft Corp. is making a big healthcare push with its purchase of speech-recognition software maker Nuance Communications—and the company could be getting a bargain.
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  44. Arch Therapeutics names Dan Yrigoyen as vice president of sales (12/07/2021 - Seeking Alpha)

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  45. Microsoft wins U.S. Army contract for augmented-reality headsets, worth up to $21.9 billion over 10 years (31/03/2021 - Reddit Stocks)
    Microsoft wins U.S. Army contract for augmented-reality headsets, worth up to $21.9 billion over 10 years News broke maybe 30 mins ago. MSFT shot up 1% on that news, up more than 2% on the day. Some highlights from the CNBC article: "Microsoft will deliver to the U.S. Army over 120,000 devices based on its HoloLens augmented-reality headset." "The standard-issue HoloLens, which costs $3,500, enables people to see holograms overlaid over their actual environments and interact using hand and voice gestures." "A group of employees called on Microsoft to cancel the HoloLens contract. “We did not sign up to develop weapons, and we demand a say in how our work is used,” the employees wrote in an open letter regarding the HoloLens contract." Thoughts on this news? What do you guys think about some employees opposing the decision? All I know is Microsoft is a monster of a company. Just another reason to continue holding I guess.   submitted by   /u/runitbackturb0 [link]   [comments]
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  46. Microsoft is the most popular ESG stock, along with these other names (07/05/2021 - Reddit Stock Market)
      submitted by   /u/josh252 [link]   [comments]
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  47. Jeff Bezos Hits Wealth Record of $211 Billion on Pentagon Move (07/07/2021 - Reddit Stock Market)
    https://finance.yahoo.com/news/jeff-bezos-hits-wealth-record-210825846.html Scott Carpenter and Sophie Alexander Tue, July 6, 2021, 5:08 PM MSFT +0.00% AMZN +4.69% TSLA -2.85% (Bloomberg) -- Jeff Bezos is leaving the rest of the world behind when it comes to wealth accumulation. The world’s richest man reached a record $211 billion net worth Tuesday after Amazon.com Inc. shares rose 4.7% after the Pentagon announced it was canceling a cloud-computing contract with rival Microsoft Corp. The rally raised Bezos’s fortune by $8.4 billion, according to the Bloomberg Billionaires Index. The last time anyone in the Bloomberg ranking neared this amount was in January, when Tesla Inc.’s Elon Musk briefly hit $210 billion. The two men spent the first part of the year trading the top spot as the world’s richest person, but Bezos has cemented his hold on No. 1 since mid-March as Amazon shares climbed almost 20% during that time. Soaring stock prices in recent months have boosted the fortunes of a group of tech titans including Musk. He remains in second place behind Bezos with a $180.8 billion net worth even as Tesla shares fell Tuesday. French luxury goods magnate Bernard Arnault is third at $168.5 billion. Bezos’s record haul is even greater than during a 2020 Amazon stock surge, when his net worth topped out at $206.9 billion as the pandemic turbocharged the company’s price. Bezos, 57, officially stepped down as Amazon’s chief executive officer this week after a 27-year run. He still owns about 11% of the company and serves as the firm’s executive chairman. The Pentagon said Tuesday it was scrapping a $10 billion cloud-computing contract awarded in 2019 to Microsoft Corp. after several years of wrangling between the government and some of the biggest U.S. tech companies over the deal. The decision indicates it planned to split the work between Microsoft and rival Amazon. Read more: Pentagon Moves to Split Its Cloud Deal Between Microsoft, Amazon MacKenzie Scott, Bezos’s ex-wife and the 15th-richest person in the world, saw her wealth jump $2.9 billion Tuesday, eclipsing the $2.7 billion she’s given away so far this year. It’s just a reminder that some billionaires can’t give their money away faster than they make it.   submitted by   /u/SavannahSmiles_ [link]   [comments]
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  48. Turning Point names Paolo Tombesi as executive vice president and CFO (29/06/2021 - Seeking Alpha)

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  49. Tandem names Jordan Pinsker Vice President and Medical Director (01/03/2021 - Seeking Alpha)

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