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Bernstein: Raised its target price for Mercedes-Benz from €60 to €66.On January 14th, the three major A-share indices rose and then fell back. At the close, the Shanghai Composite Index fell 0.31% to 4126.09 points; the Shenzhen Component Index rose 0.56%; and the ChiNext Index rose 0.82%. Market turnover approached 4 trillion yuan, with more than half of the stocks rising. After the midday close, the Shanghai and Shenzhen Stock Exchanges issued a notice adjusting the margin ratio for newly opened margin contracts from 80% to 100%. The Shanghai Composite Index quickly plunged into negative territory in the afternoon, falling as low as 0.85% to 4103.62 points. Tian Lihui, Dean of the Institute of Financial Development at Nankai University, stated that the adjustment of margin policies, coupled with efficient regulation of popular concept stocks, indicates that a "combination punch" of A-share regulation has been implemented. Policy adjustments aim to "cool down" the market, not "extinguish" it; the market will place greater emphasis on fundamentals and compliance in the future. Short-term fluctuations are inevitable, but the "slow bull" and "long bull" pattern is gradually being solidified. Investors need to abandon short-term speculative thinking, navigate market fluctuations with rationality and patience, and share in the dividends of Chinas high-quality economic development.Schlumberger (SLB.N) is expected to benefit from Trumps plans to exploit Venezuelan oil.European Commission President Ursula von der Leyen: The bond between NATO allies is "one for all, and all for one".On January 14th, Trip.com Group-S (09961.HK) announced that it had received an investigation notice from the State Administration for Market Regulation (“SAMR”). According to the notice, SAMR has initiated an investigation into the company in accordance with the Anti-Monopoly Law of the People’s Republic of China. The company will actively cooperate with the investigation. Currently, the company’s business operations are normal.

Amazon and Google criticize Microsoft's changes to cloud computing

Haiden Holmes

Aug 31, 2022 11:06

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Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOGL) subsidiary Google slammed Microsoft's (NASDAQ:MSFT) modifications to cloud computing on Tuesday, arguing that they inhibit competition and prohibit users from switching to alternative cloud service providers.


On Monday, the U.S. software giant announced new licensing agreements and other changes that will make it easier for cloud service providers to compete beginning October 1.


The arrangements will exclude cloud services from Amazon, Google, Alibaba (NYSE:BABA), and Microsoft.


Microsoft's decision was prompted by complaints from smaller European Union competitors to EU antitrust officials regarding the company's cloud service tactics. Then, EU antitrust regulators questioned market players regarding the matter and its implications.


Amazon, the largest provider of cloud services, was highly critical of Microsoft and Google.


An AWS official remarked in an email, "Rather than listening to its customers and restoring fair software licensing in the cloud for everyone, Microsoft is now doubling down on the same unethical practices by putting even more constraints in an unfair attempt to limit the competition it faces."


Vice president of government affairs and policy for Google Cloud, Marcus Jadotte, was similarly hostile.


He tweeted, "The promise of the cloud is computing that is both flexible and elastic, with no contractual restrictions."


"Customers should be permitted to freely switch between platforms and select the technology that works best for them," added Jacquett.

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