Wedbush: Microsoft’s ‘Picasso-Like Masterpiece Quarter’ Will Exceed Estimates

Microsoft’s run of good quarters appears poised to continue, with a “Picasso-like masterpiece quarter.”

White House Wades In As Chip Crisis Poised to Cost Auto Industry $210 Billion

The White House is discussing the ongoing semiconductor crisis with companies as the auto industry is poised to lose $210 billion in revenue.

Coinbase Getting Into ‘Ill-Advised’ War With SEC

Coinbase is calling out the SEC for what it believes is “sketchy” behavior, but TheStreet’s Jim Cramer is not a fan of its strategy.

United Wholesale Mortgage Will Accept Crypto By Year’s End

United Wholesale Mortgage has announced it will accept Bitcoin and other cryptocurrency by year’s end.

Jefferies Raises Microsoft Stock Target on Fundamentals

Jefferies analyst Brent Thill has raised his price target for Microsoft’s stock on what he sees as strong fundamentals.

SpaceX Owns Bitcoin and Ethereum Jumps on News Musk Owns Some

There were a number of revelations at The B Word conference, including that SpaceX owns Bitcoin and Elon Musk owns Ethereum.

Wedbush Raises Microsoft Price Target After $2 Trillion Market Cap

Wedbush Securities has raised Microsoft’s target price from $310 to $325 after the company became the third to cross the $2 trillion mark.

Qualcomm Wants to Buy a Stake in Arm

Qualcomm has expressed interest in buying a stake in chipmaker Arm Holdings, should the NVIDIA deal fall through.

A Single Customer Was Responsible for Fastly’s Outage

Fastly has said a single customer caused yesterday’s outage, an outage that had widespread repercussions.

Elon Musk Open to Setting Up a Tesla Factory in Russia

Elon Musk has signaled his willingness to open a factory in Russia, according to a new report.