Microsoft CEO Satya Nadella speaks at the CES conference in Las Vegas on Jan. 9, 2024.
David Paul Morris | Bloomberg | Getty Visuals
Microsoft’s current market cap surpassed $3 trillion in intraday investing Wednesday just after the stock climbed a lot more than 1% to $404 per share.
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This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. U.S.-listed shares of Stellantis are down more than 25% this morning after the automaker said it expects to take a $26 billion hit from a business overhaul. The Chrysler and Dodge parent’s stock was already having a tough year: Shares […]
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Big Tech companies have seen over $1 trillion wiped from their market cap over the past week, as fears over AI spending sparked a sell-off. Microsoft, Nvidia, Oracle, Meta, Amazon and Alphabet all saw their shares fall in the week up to market close on Thursday, as the companies’ earnings reports signaled huge continued capex […]
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Justin Tallis | Afp | Getty Images Bitcoin bounced off its recent low on Friday after narrowly avoiding falling below the key $60,000 mark, but some market commentators suggested there’s more selling to come. Late on Thursday, the world’s biggest cryptocurrency fell below $61,000 and hovered just above the $60,000 mark. As of 4:54 a.m. […]
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