Why Microsoft, Micron, and Google are Moving on Wednesday

Microsoft, Micron, and Google were among the most active tech stocks on Wednesday.

Jun 11, 2014 at 11:30AM

The Dow Jones Industrial Average (DJINDICES:^DJI) fell more than 90 points in morning trading on Wednesday. Microsoft (NASDAQ:MSFT) slipped alongside its index, while tech stocks Micron Technology (NASDAQ:MU) and Google (NASDAQ:GOOG)(NASDAQ:GOOGL) were active.

World Bank cuts estimate
The decline in the Dow Jones may have been prompted by the World Bank report that it expects the global economy to expand by just 2.8% this year, down from the 3.2% it projected in January. In particular, it cut its forecast for U.S. growth from 2.8% to 2.1%.

The World Bank characterized the global economy as having gotten off to a bumpy start early in the year, with bad weather in the U.S. and the situation in the Ukraine weighing on economic activity. Of course, the World Bank is only one institution, and its estimates are far from exact, but any possibility of weak economic growth could mean a difficult time for the stock market.

Xbox Console Set

Source: Wikimedia Commons.

Microsoft falls after E3 showing
Microsoft's 0.3% drop was likely connected to the broader decline in the Dow Jones Industrial Average. Still, it's worth noting that it comes during the Electronics Entertainment Expo, the world's biggest video game trade show.

Microsoft presented before its console rivals on Monday, showing off a laundry list of upcoming titles it hopes will drive sales of the Xbox console. Most notable is The Master Chief Collection, which will bring four previous games in the Halo series to Microsoft's latest console, with improved graphics and better online play.

Unfortunately for Microsoft, the media wasn't particularly impressed with its showing, with several tech blogs labeling its competitors' upcoming games as more impressive.

Micron gets analyst boost
Shares of Micron were up 4%after the DRAM maker received a reiteration of an outperform rating from Credit Suisse and a price target upgrade from $30 to $50.. The bank believes that enterprise demand could soon boost DRAM sales significantly.

Also on Wednesday, Merrill Lynch initiated coverage on Micron with a buy rating, citing potential for Micron's DRAM pricing to increase as a shortage slowly develops.

Google buys another satellite company
Google shares were down nearly 1% early after it announced that it had acquired satellite company Skybox Imaging. Skybox's satellite imaging should allow Google to include better pictures in the popular Google Maps app.

Investors may be getting tired of the search giant's aggressive acquisition streak. In addition to Skybox, Google has acquired a number of entities in recent months, including Nest and Titan Aerospace.

Leaked: Apple's next smart device (warning, it may shock you)
Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out, and some early viewers are claiming its everyday impact could trump the iPod, iPhone, and the iPad. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!

Sam Mattera has no position in any stocks mentioned. The Motley Fool recommends Google (A shares) and Google (C shares). The Motley Fool owns shares of Google (A shares), Google (C shares), and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

Click here to learn about this incredible technology before Buffett stops being scared and starts buying!

David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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