Microsoft Corp
Why this ‘Magnificent 7’ stock is still a buy even though it’s behind on AI
Amazon may be lagging behind its peers on the artificial intelligence front, but the name is still investor Ray Wang’s favorite among the ” Magnificent Seven ” cohort of megacap tech titans. As a catalyst, the principal analyst and founder of Constellation Research pointed to Amazon’s advertising revenue, which he said is still growing at […]
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Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
AI Effect Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation Published Mon, Oct 28 20241:07 PM EDT Kate Rooney@Kr00ney WATCH LIVE Source
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CNBC Daily Open: Nasdaq hits all-time high even amid poor earnings growth
Traders work on the floor of the New York Stock Exchange (NYSE) on October 22, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they […]
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CNBC Daily Open: Nasdaq hits high even as poor earnings growth disappoints investors
A specialist trader works inside a post on the floor at the New York Stock Exchange on Oct. 23, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. […]
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Delta sues CrowdStrike after widespread IT outage that caused thousands of cancellations
Delta Air Lines planes are seen at John F. Kennedy International Airport on the July 4th weekend in Queens, New York City, U.S., July 2, 2022. Andrew Kelly | Reuters Delta Air Lines on Friday filed a lawsuit against CrowdStrike in Georgia, accusing the security software vendor of breach of contract and negligence after an […]
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Wall Street braces for a big week ahead of the election, with megacap tech earnings, key data on tap
Wall Street is about to get hit with the newsiest week yet ahead of the election — just as the stock market has started to falter. Investors will contend with earnings results from five of the Magnificent Seven companies next week. Alphabet’s results are set to be released Tuesday. Microsoft and Meta Platforms post their […]
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CNBC Daily Open: In this time of uncertainty, logic is driving market moves
Close-up of Tesla Motors logo against a bright blue sky in Pleasanton, California, July 23, 2018. Smith Collection | Gado | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like […]
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Microsoft CEO Nadella asked for pay reduction after security slip, but total comp still rose 63%
Microsoft CEO Satya Nadella speaks at an event on the company’s Redmond, Washington, campus on May 20, 2024. Nadella is betting a new generation of computers with specialized artificial intelligence chips and faster performance will revive the long-running rivalry between Windows PCs and Apple Inc.’s Mac. Chona Kasinger | Bloomberg | Getty Images Microsoft gave […]
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OpenAI disbands another safety team, head advisor for ‘AGI Readiness’ resigns
OpenAI is disbanding its “AGI Readiness” team, which advised the company on OpenAI’s own capacity to handle increasingly powerful AI and the world’s readiness to manage that technology, according to the head of the team. On Wednesday, Miles Brundage, senior advisor for AGI Readiness, announced his departure from the company via a Substack post. He […]
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Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft
Chinese smartphone company Oppo ranks second in mainland China, and fourth worldwide, according to Canalys. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese smartphone company Oppo is doubling down on artificial intelligence as it holds weekly talks about AI with senior management at Google and Microsoft in the run-up to the launch of its […]
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