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Steve Ballmer started at Microsoft (MSFT) as Bill Gates’ assistant in 1980, when he was employee number 30. He later went on to become its CEO at the height of the dot-com bubble. His unmatched energy and passion for all things Microsoft was on full display at his infamous product launches. Unfortunately for Ballmer, Microsoft’s stock price did not match that energy. He announced his retirement in 2013, after losing billions of dollars on acquisitions and on the Surface tablet. Microsoft's stock price rebounded on the news, in part contributing to the billions he ultimately made in Microsoft employee stock options - enough to buy the Los Angeles Clippers. You can now find the 67-year-old mostly courtside, rooting for his team and leading the charge at non-profit USAFacts, which aims to provide in-depth insight into the country's economy. "Tone gets set at the top. We're hardcore, we're going to win. We're about maximizing our chance to win championships," Ballmer said of the Clippers. Ballmer is also focused on government transparency through USAFacts. Ballmer talks with Yahoo Finance Executive Editor Brian Sozzi about his leadership style and how it has evolved over the years. “I've decided I want to be more like an executive chairman than like a CEO in my new life. That means we have people who really run things,” Ballmer said. For the full conversation with Ballmer, click here. For more of our Lead This Way series, click here, and tune in to Yahoo Finance every Thursday at 3 p.m. ET...
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Today's Research Daily features a real-time update on the earnings picture and new research reports on Apple (AAPL), Bank of America (BAC), S&P Global (SPGI) and others...
Continue ReadingA federal judge on Thursday tentatively ruled that Elon Musk must testify again for the U.S. Securities and Exchange Commission's probe of his $44 billion Twitter takeover, handing the SEC a victory in its latest skirmish with the world's richest person. During a hearing in San Francisco, U.S. Magistrate Judge Laurel Beeler quickly rejected arguments by Musk's attorney that SEC officials do not have the authority to issue subpoenas, saying the agency has broad investigative powers and that no judge would "second guess" an SEC probe. Beeler told the sides to figure out when Musk would sit for one more four-hour deposition, or she would issue an order...
Continue ReadingApple reached out to select members of the press, offering them a chance to record Spatial Video via an iPhone 15 Pro so they could view their memories on the Apple Vision Pro...
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Crystal ball or rearview mirror? Which will best handle Magnificent Seven stocks like Nvidia, Tesla, Microsoft and Amazon in 2024?...
Continue ReadingRivian Automotive Inc (NASDAQ: RIVN) commited to deliver 100,000 electric vans to the e-commerce titan Amazon.com Inc (NASDAQ: AMZN). But as of November, Rivian and Amazon are no longer in an exclusive relationship, allowing Rivian to sell its electric fleet to others. Today, Rivian revealed its first deal after getting out of the exclusivity clause with Amazon, and it is with AT&T Inc (NYSE: T). But, what is good for Rivian is also good for Amazon as besides being a client, it is also an owner...
Continue ReadingFord announced it is significantly decreasing the supply of electric trucks in 2024...
Continue ReadingThe Tesla Model S is a strong economic choice for today's consumers, but the price and cache demand a second look at the costs and benefits of owning...
Continue ReadingMacs and MacBooks are powerful computing devices, and they deserve a display to match. These are the monitors you should consider getting for your Mac as we wind down 2023 and head into 2024...
Continue ReadingIn this piece, we will take a look at the 12 best growth stocks to buy according to billionaire Ken Fisher. If you want to skip our overview of Mr. Fisher, his hedge fund, growth investing, and the general stock market climate, then you can take a look at 5 Best Growth Stocks to Buy […]...
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