Market Review 25-4

Market Review 25-4

APRIL 23, 2018 / 4:07 PM / UPDATED 19 HOURS AGO


Iran says no need to extend OPEC, non-OPEC pact if crude oil prices rise: SHANA


Reuters Staff



ANKARA (Reuters) – Iran’s oil minister said there would be no need to extend a pact between OPEC and non-OPEC producers aimed at bolstering oil prices if the crude price continued to rise, the ministry’s official website SHANA reported on Monday.



Oil pivots higher, settles with a gain as tensions in the Middle East heat up again


Published: Apr 23, 2018 3:22 p.m. ET


Oil prices gave up earlier declines Monday to settle higher, as reports that a Saudi-led air strike killed the head of the Houthi rebels in Yemen raised the potential for disruptions to the flow of crude in the Middle East.



Oil could hit $80 per barrel by the end of 2018, says portfolio manager


  • It’s not preposterous to expect oil prices to hit $80 per barrel by the end of 2018, said Yoon Chou Chong, head of Asian equities at Natixis Asset Management
  • Production cuts and the need to maintain stability ahead of the widely-anticipated Saudi Aramco IPO will support oil prices, Chong said
  • Asian stocks, in particular Chinese shares, also have room to gain further, he added



With the situation the way it is, it is looking like Crude

will reach 80$ before the end of the year!




Microsoft: Don’t Miss Your Chance To Act Before Earnings


Michael Wiggins De Oliveira

Apr.23.18 | About: Microsoft Corporation (MSFT)


Microsoft is a large cap, that is highly following, but ironically, still undervalued. Azure’s continues to deliver remarkable growth. The cloud sector is still far from saturated.



Cloud Could Add $15 Billion to Microsoft Profits


Azure is the centerpiece of the Microsoft’s bull thesis.

By Wayne Duggan, Contributor |April 17, 2018, at 9:34 a.m


After a lost decade following the bursting of the dot-com bubble, Microsoft Corporation(Nasdaq: MSFT) has once again found its stride thanks to its booming cloud services business. Analysts now say years of heavy investments have Microsoft in the early stages of a long-term cloud growth story that will jump-start earnings, revenue and MSFT stock.



Microsoft shares surge after Morgan Stanley predicts it will reach $1 trillion market cap in a year


  • Morgan Stanley analysts are betting on Microsoft to reach $1 trillion in market value thanks to cloud adoption.
  • Analyst Keith Weiss is raising his 12-month price target to $130, nearly 50 percent higher than where the stock was trading Monday.
  • Morgan Stanley expects Microsoft’s dominant share of the projected $250 billion public cloud market will grow.


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