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MSFT

UPDATE 3-Microsoft’s Xbox to release four titles on external platforms

Microsoft's Xbox will release four video-game titles on external platforms, gaming CEO Phil Spencer said on a podcast on Thursday, as it looks to tap into a wider base of gamers following its $69 billion acquisition of Activision Blizzard. Although Spencer did not give more details on the titles the company intends to release, he said they have been available to Xbox players for at least a year. Spencer said games exclusive to one piece of hardware were going to become a smaller part of the industry over the next five to 10 years...

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MSFT

Microsoft’s Xbox to release four titles on external platforms

Although Spencer did not give more details on the titles the company intends to release, he said they have been available to Xbox players for at least a year. Spencer said games exclusive to one piece of hardware were going to become a smaller part of the industry over the next five to 10 years. The Activision acquisition was a step towards boosting Microsoft's heft in the videogame market to better compete with industry leader Sony, which recently cut its forecast for its PlayStation 5 sales for the year ending March...

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AMZN

Nvidia’s investments in these AI companies sent their stocks soaring

After an SEC filing revealed Nvidia had stakes in a few smaller AI companies, their stocks soared...

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TSLA

Beyond the Ticker: Nvidia

From creating chips for gaming to becoming one of the world's leading AI chip companies, it's safe to say Nvidia (NVDA) is officially one of the tech giants. In 2023, the company generated nearly $27 billion in revenue, and its market value is well over $1 trillion. Let's take a closer look at what led to Nvidia's boom with Beyond the Ticker, where we dive into the company's biggest moments. 1993 Nvidia was founded on April 5, 1993, by Jensen Huang, Chris Malachowsky, and Curtis Priem, with a vision to bring 3D graphics to the gaming industry. 1997 Nvidia launched its first hit product, the NV3. It would later go on to sell a whopping 1 million units in its first four months of availability. 1999 On January 22, 1999, Nvidia went public via IPO at $12 per share. 2000 Microsoft (MSFT) chose Nvidia to develop the graphics hardware for the first Xbox console. 2005 Microsoft rival Sony (SONY) chose Nvidia’s hardware to power the PlayStation 3. 2010 Nvidia became the graphics chip supplier for automaker Audi. 2015 The company launched its Nvidia Drive chip for powering driver assistance systems. 2016 Nvidia kicked off its AI efforts with the launch of its DGX-1 server for artificial intelligence applications. 2018 The company debuted the NVIDIA RTX, the first GPU capable of real-time ray tracing. That same year, Google (GOOG, GOOGL) announced it was using Nvidia’s Tesla (TSLA) P4 graphics cards for its Google Cloud Platform. 2022 Nvidia debuted its H100 graphics chip for AI, which still stands as one of the world’s most powerful chips for artificial intelligence apps. 2023 In May 2023, Nvidia eclipsed the $1 trillion market cap mark, joining the ranks of mega companies like Apple (AAPL) and Microsoft. The stock continues to surpass its all-time highs over the past month and is currently trading at over $700 per share. From a company of three engineers working on a graphics card, to thousands of employees working on chips that will power the AI supercomputers of the future, Nvidia remains at the top of the tech industry. From tech giants to retail titans, Beyond the Ticker is a historical series that takes a deep dive into some of Wall Street's trending companies and how they transformed into the financial icons they are today. Check out more of our Beyond the Ticker series, and be sure to tune in to Yahoo Finance. Editor's note: This video was produced by Zach Faulds...

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AMZN

AI hype is fading, according to earnings calls

The hype around artificial intelligence may finally be normalizing, at least according to company earnings calls over the past two quarters...

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TSLA

Elon Musk moves SpaceX incorporation state to Texas

Elon Musk has officially relocated SpaceX's state of incorporation from Delaware to Texas. Musk has been pushing to move his other companies, like Neuralink and Tesla (TSLA), out of Delaware as well. This comes after Musk's massive $55 billion compensation package from Tesla was struck down by the Delaware Chancery Court. Yahoo Finance Senior Reporter Ines Ferré joins the Live show to break down the latest developments around Musk and what it could mean for his companies moving forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino...

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TSLA

Ark’s Cathie Wood just traded 3 popular tech stocks

The tech-heavy Nasdaq 100 is up 55% in the past year...

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AMZN

Why Rivian Stock Jumped Today

Rivian will introduce its highly anticipated next-generation EV platform next month...

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AMZN

Amazon, Alphabet, and Nvidia attract new interest from Wall Street’s biggest investors

Some of Wall Street’s biggest investors made new bets on technology giants in the fourth quarter, loading up on stakes in Amazon, Alphabet, Alibaba, and Nvidia...

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MSFT

Q4 Results Paint A Positive Earnings Picture

Looking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...

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