Weekend stock market spotlight: Uber, Microsoft, Ford, Exxon Mobile and The…

Weekend stock market spotlight: Uber, Microsoft, Ford, Exxon Mobile and The…


Benzinga reviews this weekend’s top stories covered by leading media outlets. Here are the articles investors need to read.

Why even big tech companies keep getting hacked – and what they plan to do about it,” by The Wall Street Journal’s Christopher Mims examines how companies respond to cyberattacks after confirmed hacks Uber Technologies Inc ABOVE and the video game company’s Rockstar Games unitTAKE-TWO INTERACTIVE SOFTWARE, INC TTWO this past week.

In the Wall Street Journal “Microsoft’s real game with Activision‘ writes Dan Gallagher microsoft corp MSFT should declare that “Call of Duty” will remain on Playstation forever as the industry anticipates the impact of its upcoming acquisition Activision Blizzard Inc ATVI.

In Bloomberg’s “Leaked study shows Exxon and partners overspent $138 billion‘ Kevin Crowley describes an analysis that finds this ExxonMobil Corp XOM Oil and natural gas projects between 1998 and 2017 cost $138 billion more than expected due to mismanagement and poor planning.

Deutsche Bank settles $26 million Jeffrey Epstein vetting lawsuit‘, by Robert Burnson of Bloomberg, describes the $26.25 million Deutsche Bank AG DB agreed to pay to settle any dispute related to the customer verification process, including Jeffrey Epstein.

At Barron’s”Elliott is the last true great activist. What investors should know“, Carelton English looks at the track record Paul Singers Elliott Management as the company acquired a nearly 2% stake PayPal Holdings Inc PYPL.

Ford stock is still a buy despite supply issues. Here’s why,” by Barron’s Al Root, even notes that as Ford Motor Co f Investors don’t seem overly concerned given the ongoing parts shortages this week.

Also read: Bulls and bears of the week: Apple, Tesla, Amazon and why Jim Cramer gave this chipmaker a negative review

At the time of writing this article, the author had no position in the stocks mentioned.


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