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Zacks News
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Rising coronavirus cases favoring stay-at-home investments, compelling valuation and higher chances of Biden's winning will favor big technology companies ahead.
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Microsoft shares now look ripe for taking them back into your portfolio on attractive valuation, strengthening presence in the video-gaming space, a hike in dividends and renewed optimism for tech shares.
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Rising coronavirus cases in the United States and Europe mean more uncertainty in health emergency and the related economic recovery. This also ensures a prolonged period of social distancing norms and continued surge in digitization.
ETFs to Gain as Microsoft Bets Big on Video Gaming
by Sweta Killa
Microsoft plans to acquire ZeniMax Media, owner of the storied video-game publisher Bethesda Softworks, for $7.5 billion in cash. This would represent its biggest video game purchase ever.