Microsoft Corp
Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson […]
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The AI party isn’t over — these will be the winners and losers, Wedbush’s Dan Ives says
The artificial intelligence party isn’t over yet despite fears of a bubble, according to tech bull Dan Ives — and he’s got a handful of names in mind as winn ing and los ing from the trend . “My view is, you’re going to have these digestion periods, but you cannot get too nervous,” Ives, […]
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Elon Musk asked Meta CEO Mark Zuckerberg to join xAI bid to buy OpenAI, filing shows
Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon Musk Manuel Orbegozo | Chip Somodevilla | Reuters Elon Musk, the world’s richest person, asked Meta CEO Mark Zuckerberg to help him finance a $97.4 billion takeover of OpenAI in early 2025, court filings on Thursday revealed. The filing is part of a legal case […]
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Google scores six-year Meta cloud deal worth over $10 billion
Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, Calif., on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta has agreed to spend more than $10 billion on Google cloud services, according to two people familiar with the matter. The agreement spans six […]
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How billionaire family offices bet on stocks during tariff turmoil
Leon Cooperman on CNBC’s “Halftime Report.” Scott Mlyn | CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices are known to invest for the long haul, sometimes for generations. […]
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Microsoft scales back Chinese access to cyber early warning system
A branch of the technology company Microsoft can be seen in Manhattan. Sven Hoppe | Picture Alliance | Getty Images Microsoft said on Wednesday it has scaled back some Chinese companies’ access to its early warning system for cybersecurity vulnerabilities following speculation that Beijing was involved in a hacking campaign against the company’s widely used SharePoint […]
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Microsoft’s gutting of discounts for some clients likely baked into guidance, analyst says
Microsoft CEO Satya Nadella speaks at Axel Springer Neubau in Berlin on Oct. 17, 2023 Ben Kriemann | Getty Images Microsoft said last week that it plans to stop providing discounts on enterprise purchases of its Microsoft 365 productivity software subscriptions and other cloud applications. Since the announcement, analysts have published estimates on how much […]
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Sony raises PlayStation 5 prices in U.S. as tariffs start to hit
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images PlayStation 5 game consoles will cost $50 more in the U.S. starting this week, Sony announced on Wednesday. The price for an entry-level PlayStation 5 Digital Edition will increase from $450 to $500, and a PlayStation 5 with a disc […]
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Nvidia, Bill Gates-backed robotics startup FieldAI hits $2 billion valuation after recent raise
A FieldAI robot. Courtesy: FieldAI Bill Gates-backed Robotics startup FieldAI has raised $405 million in two funding rounds, with investments from Nvidia‘s venture capital arm and Amazon founder Jeff Bezos’ family office. The funding comes during an “aha moment,” founder and CEO Ali Agha told CNBC, as software and hardware reach an inflection point. “We […]
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Microsoft and NFL announce multiyear partnership to use AI to enhance game day analysis
A referee reviews a play on a Microsoft Surface during the second half of the game between the Baltimore Ravens and the Cleveland Browns at M&T Bank Stadium on January 4, 2025 in Baltimore, Maryland. Scott Taetsch | Getty Images Microsoft and the NFL announced on Wednesday that they’re extending their partnership to bring real-time […]
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