By launching a low-cost Xbox, Microsoft could grow the number of Xbox users it can monetize via game sales and an expanding array of services. AMD could also benefit.
Traders must guard against a squeeze in case the latest utterance on a potential trade agreement happens to be true.
There's still some value to be found in the sector. But a lot of the easy money has definitely been made.
Let's take a look at the charts.
While companies such as HPE, Cisco and NetApp are signaling that macro headwinds are weighing on their hardware sales, major software and public cloud players are singing a very different tune.
A look at the charts and indicators ahead of earnings.
Behind-the-scenes companies like Salesforce.com, Square, Nvidia, Okta, and PagerDuty are leading the Nasdaq, and you must understand them to know what you're getting into.
Jim Cramer said Square remains a terrific financial technology company and should be a part of your portfolio.
Action on Monday appears random with no true sector leadership among the lagging small caps.
Though HP says it's still open to some kind of deal with Xerox, the deal that Xerox proposed would carry major financial risks on top of all the execution and revenue growth risks any kind of merger between the firms would carry.