Microsoft Corp
Software stocks are selling off, but this big name may be worth another look, charts show
Software stocks have been in the headlines lately for all the wrong reasons — namely the iShares Expanded Tech-Software Sector ETF (IGV) . Of course, IGV is driven by its holdings, and its largest component is a name we know well: Microsoft (MSFT) . The stock has fallen roughly 26% from the intraday high reached on Oct. 28 to […]
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Sandberg, other Meta vets invest in AI workplace communications startup
Slashwork founders Jackson Gabbard, Dave Miller and Josh Watzman. Courtesy: Slashwork Two years after Meta announced it was shuttering its Workplace enterprise business, a band of former engineers at the social media company is launching a new corporate communication platform. Slashwork, as the startup is called, on Wednesday announced that it has raised $3.5 million […]
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Jim Cramer says the software sell-off creates opportunities in stocks outside of tech
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were attempting to shake off continued fears that AI disruption could undermine traditional enterprise software companies. Some of the high-multiple names hit hardest in recent sessions, including Club […]
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Microsoft brings back executive Hayete Gallot to run cybersecurity, as Charlie Bell takes new role
The Microsoft logo and lettering can be seen on the Microsoft Deutschland GmbH headquarters building in Parkstadt Schwabing in Munich. Matthias Balk | Picture Alliance | Getty Images Microsoft said Wednesday that top security leader Charlie Bell will take on a new role and that Hayete Gallot will return to the company to run security […]
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Gold extends gains, breaking past $5,000; Asia stocks mostly track Wall Street losses on tech pullback
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets mostly fell Wednesday, tracking Wall Street losses after a sell-off in U.S. technology stocks weighed on sentiment, while gold extended gains for a second day. Japan’s Nikkei 225 lost 1.2%, dragged by tech […]
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Microsoft promotes sales leaders as company pursues AI growth
Judson Althoff, CEO of Microsoft’s commercial business, appears during an interview in San Francisco on Jan. 27, 2017. David Paul Morris | Bloomberg | Getty Images Microsoft on Tuesday told employees it was promoting four sales executives, months after the software company made sales leader Judson Althoff CEO of its commercial business. Investors have been […]
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S&P 500 futures are little changed after tech sell-off drags down major averages: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Michael Nagle | Bloomberg | Getty Images Futures tied to the S&P 500 were near the flatline Tuesday night after traders’ rotation out of tech names dragged the broad market index to a losing […]
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Nvidia, OpenAI appear stalled on their mega deal. But the AI giants still need each other
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman appeared together on CNBC in September to announce a mammoth $100 billion deal that was poised to usher in a new chapter for the booming artificial intelligence industry. Five months later, no contract […]
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December CRE deal volume sinks further, but office is a surprising bright spot
The Moody’s Corp. headquarters in New York on Aug. 27, 2024. Jeenah Moon | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family […]
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Bitcoin is under pressure after a brutal week. Here’s why
Justin Tallis | Afp | Getty Images Bitcoin extended losses on Monday as the world’s biggest cryptocurrency fell below $80,000 for the first time since April 2025. Bitcoin was trading at $77,494.65 at 05:43 a.m. ET on Monday, according to CoinMetrics. Bitcoin fell as low as $74,876 but later pared some of the losses. The […]
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