- Bloomberg
Microsoft-Backed Rubrik’s IPO Is 20 Times Oversubscribed
(Bloomberg) -- Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., has drawn about 20 times as many orders for its planned initial public offering as there are available shares, people familiar with the situation said.Most Read from BloombergTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsTaylor Swift Is Proof That How We Critique Music Is BrokenRay Dalio’s Famous Trade Is Sputtering, Investors BailingTech Giants Roar as Tesla Spikes in Late Hours: Markets Wr
- Investor's Business Daily
With Earnings Coming For Big Tech, Here's An Option Play On Microsoft
Microsoft is due to report earnings on Thursday after the closing bell. It's useful to use the options market to gauge an expectation for the earnings move. Since Microsoft stayed above the lower expected range in five of the last six earnings announcements, we'll structure a bullish trade that captures premium with the higher implied volatility.
- Investor's Business Daily
Magnificent Seven Stocks: Nvidia Stock Rallies; Tesla Climbs Ahead Of Q1 Earnings
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.
