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WORK News and Press, Slack Technologies Inc. Class A From 07/28/20

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Company Name: Slack Technologies Inc. Class A
Stock Symbol: WORK
Market: NYSE
Website: slack.com

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WORK - Why Intel Stock Went Down

In this episode of Motley Fool Money , host Chris Hill chats with analysts Jason Moser and Andy Cross about the latest headlines from Wall Street. The trio assess some recent earnings reports from tech, consumer goods, and healthcare companies. The guys also share some stocks for your watch l...

WORK - Convertibles Momentum Grows As Companies Are Increasingly Opting For Convertibles To Raise Funds

Recent data from Refnitiv shows that around $89 billion worth of convertible bonds were issued in 2020. This is a 41% increase compared to 2019, and is a record since 2007. The attraction of funds in the debt market has accelerated noticeably in the second quarter of 2020, when economic acti...

WORK - Did Slack Admit Defeat by Filing Antitrust Claims Against Microsoft?

Slack (NYSE: WORK) recently filed an antitrust complaint against Microsoft (NASDAQ: MSFT) in the European Union, claiming Microsoft's strategy of bundling Teams into Office 365 is anti-competitive. In a blog post, Slack claims Microsoft "illegally tied its Teams product into its ma...

WORK - Why Twitter Stock Popped

In this episode of MarketFoolery , Chris Hill chats with Motley Fool interns Ian Gray and Ryan Henderson about the latest earnings reports and news from Wall Street. They go through the Q2 results of Twitter (NYSE: TWTR) . Tech behemoth gets a boost from its cloud platform. And a weird rep...

WORK - Why Remote Work Stocks Fell Today

Shares of many remote work companies, many of which have soared so far this year due to the COVID-19 pandemic, have fallen today. While coronavirus cases continue to rise in the U.S., which will likely perpetuate work-from-home policies at many companies, investors may be questioning some of the...

WORK - Slack Accuses Microsoft of Illegally Undermining Competition With Teams Bundling

Bundling can be remarkably powerful strategy , maybe even too powerful in some cases. That strategy is at the heart of a formal antitrust complaint filed in the European Union by Slack (NYSE: WORK) , alleging that Microsoft (NASDAQ: MSFT) is violating competition laws by including Team...

WORK - S&P 500 News: Tesla's Profit Sets It Up to Join the Index, U.S. to Buy Up to 600 Million Coronavirus Vaccine Doses, Microsoft Earnings Overshadowed

The  S&P 500 Index  (SNPINDEX: ^GSPC) kept its winning streak alive, closing up 18.7 points, or 0.57%, on July 22. This marks the seventh consecutive day the index, which makes up about 80% of the market capitalization of all U.S. stocks , has closed higher. The biggest news dr...

WORK - Why Slack Technologies Stock Fell on Wednesday

Shares of channel-based messaging platform Slack Technologies (NYSE: WORK) fell sharply on Wednesday, declining more than 5% by the time the market closed. The stock's decline came as Slack filed an antitrust complaint against Microsoft (NASDAQ: MSFT) in Europe. Image source: Getty...

WORK - Dow Jones Posts Modest Gain as Slack Files Microsoft Antitrust Complaint, IBM Stock Upgraded

The Dow Jones Industrial Average (DJINDICES: ^DJI) was up a modest 0.3% by 11:30 a.m. EDT Wednesday, outperforming the other major stock indices. Weighing on the market was a decision by the U.S. to force the closure of a Chinese consulate in Houston that prompted a retaliation threat from C...

WORK - Slack Lodges Competition Complaint Against Microsoft in the EU

Slack Technologies (NYSE: WORK) and Microsoft (NASDAQ: MSFT) appear headed for a showdown. The San Francisco-based software-as-a-service (SaaS) company has gone before the European Commission to file a competition complaint against the software giant. Slack alleges that Microsoft acted ...

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