Microsoft (Nasdaq: MSFT) was supposed to be the recession-proof company that would perform in an environment in which investors can no longer broadly bet on the market. Just a couple of days ago, I thought it hit a low—and maybe it did.
Philips North America LLC (NYSE: PHG) has sued Alphabet Inc. (NASDAQ: GOOGL) for infringing on a patented technology that they claim is used in Fitbit devices.