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Microsoft sales chief Althoff gets new role as CEO of company’s commercial business
President of Microsoft North America Judson Althoff speaks on stage during We Day at KeyArena in Seattle, Washington, on April 23, 2015. Mat Hayward | Getty Images Microsoft‘s top-ranking sales leader, Judson Althoff, has been promoted to a bigger role as CEO of the company’s commercial business. Satya Nadella, Microsoft’s CEO, wrote in a memo […]
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S&P 500 closes above 6,700 for first time as traders bet on short-lived shutdown
Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE The S&P 500 closed at a record high on Wednesday as traders were hopeful that a U.S. federal government shutdown would be brief and possibly have little impact on the economy. The broad market index gained 0.34% to close at 6,711.20. Earlier, […]
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Microsoft sales chief Althoff gets new role as CEO of company’s commercial business
President of Microsoft North America Judson Althoff speaks on stage during We Day at KeyArena on April 23, 2015 in Seattle, Washington. Mat Hayward | Getty Images Microsoft‘s top-ranking sales leader, Judson Althoff, has been promoted to a bigger role as CEO of the company’s commercial business. Satya Nadella, Microsoft’s CEO, wrote in a memo […]
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Nvidia’s market cap tops $4.5 trillion after string of AI infrastructure deals
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia shares reached a fresh record on Tuesday, climbing almost 3% and lifting the chipmaker’s market cap past $4.5 trillion. The stock is now up about 39% for the year, and continues to […]
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Stocks making the biggest premarket moves: Electronic Arts, Novo Nordisk, Lam Research, Oracle & more
Check out the companies making headlines before the bell: Electronic Arts — Shares rose 5% shortly after a consortium of investors led by Jared Kushner announced it had struck a $55 billion deal to acquire the videogame maker and take it private, confirming earlier reports. Cannabis stocks — The group surged after President Donald Trump […]
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A look at OpenAI’s tangled web of dealmaking
OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters OpenAI CEO Sam Altman is everywhere. His artificial intelligence startup, now valued at $500 billion, has been inking deals valued in the tens to hundreds of billions of dollars […]
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How to know when it’s time to worry about the AI bubble
Wall Street is undergoing a minor AI-nxiety attack. Long-percolating concerns about the massive and perhaps undisciplined tech-company investments in artificial-intelligence infrastructure and the lavish valuations bestowed on these businesses started to boil over last week. And with it, a vigorous debate over whether a hazardous equity bubble is underway, on the way or in no […]
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Ex-Meta global affairs chief says tech should stay out of politics
Former Meta global affairs chief Nick Clegg said Friday that tech companies should keep a distance from politics and people should feel “uneasy” about those firms intervening in the public space. “I generally don’t think that politics and tech innovation mixes very well,” Clegg told CNBC’s “Squawk Box.” “I think it’s quite good when they kind […]
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Anthropic to triple international workforce in global AI push
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Anthropic is stepping up its global enterprise ambitions. The $183 billion artificial intelligence startup has grown its business customer base from under 1,000 to more than 300,000 in just two years, as demand for Claude’s models accelerates across industries and regions. On Friday, the company […]
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OpenAI’s historic week has redefined the AI arms race for investors: ‘I don’t see this as crazy’
OpenAI CEO Sam Altman listens to questions at a Q&A following a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters This week, OpenAI redefined what momentum — and risk — look like in the artificial intelligence arms race. Now comes the hard part: Executing on CEO […]
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