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Microsoft Corp. (NASDAQ:MSFT) stock closed at $405.65 at the end of trading on Feb. 5. The stock price ranged from a high of $415.32 to a low of $245.61 in the preceding 52 weeks. On Jan. 30 the American technology company filed its quarterly financials for the period ending Dec. 31, 2023. The financing activities section on Microsoft's cash flow statement showed $5.57 billion in cash dividends paid for the quarter compared to $5.07 billion for the same quarter of 2022. The company declared a qu...
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SpaceX is being investigated by a California civil rights agency over allegations that the rocket and satellite maker and CEO Elon Musk have failed to address rampant discrimination and sexual harassment against female employees. The California Civil Rights Department notified SpaceX of the claims in January, several months after a group of engineers filed complaints with the agency claiming they were fired for criticizing SpaceX and Musk in a letter to company executives, their lawyer Laurie Burgess said Tuesday...
Continue ReadingTesla, Inc. margins have declined due to price reductions and increased costs, causing concern among investors. Find out why TSLA stock is a Sell...
Continue ReadingEvidence keeps emerging that AI means real growth for enterprise software, cloud providers, and chip and infrastructure companies...
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The chip maker is the leading player in the high-end AI ASIC—application specific integrated circuits—market...
Continue ReadingGoogle agreed to pay $350 million to settle a lawsuit by shareholders related to a security bug at its now-defunct Google+ social media website. A preliminary settlement was filed late on Monday in San Francisco federal court after more than a year of mediation, and requires approval by U.S. District Judge Trina Thompson. It resolves claims that Google learned by March 2018 about a three-year software glitch that exposed Google+ users' personal data, yet concealed the problem for months while publicly stressing its commitment to data security...
Continue ReadingThe pharmaceutical company’s market cap has surpassed Tesla’s, thanks to the rapid growth of its GLP-1 business...
Continue ReadingAmazon (AMZN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions...
Continue ReadingApple Inc. shows a short-term setup for a long trade, despite being neutral from a fundamental perspective. Click here to read my latest analysis of AAPL stock...
Continue ReadingTesla (TSLA) CEO Elon Musk's alleged pressuring of board members to use drugs spotlights broad issues in corporate governance, Fletcher School of Law and Diplomacy Lecturer Gautam Mukunda states. Mukunda argues that no CEO is "so brilliant" as to be above accountability. Mukunda believes Tesla's board seems to view Musk as a "once-in-a-generation genius" who must get anything he wants. However, Mukunda contends "there is no such thing" as someone so talented they aren't improved by oversight. In Mukunda's view, "a board that is so dependent on" its CEO that it avoids calling out mistakes "is not helping" that leader reach their potential. He notes rules exist to counter the human "tendency" of power corrupting. Mukunda emphasizes that properly governing a CEO means constructively challenging them. Rather than granting any wish, directors must provide guidance - and discipline when warranted. 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 Angel Smith...
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