Tag MSFT
Good morning, Asia. Before the bell, markets are struggling to find direction after the Federal Reserve cut rates as expected, but offered little clarity on what comes next. Bitcoin slipped under $110,000, extending losses as traders turned cautious following Jerome Powell’s measured tone.Asian equities opened mixed. Equities in Japan and .....
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S&P Global Market Intelligence Kagan's video game M&A tracker compiles deal activity in the interactive home entertainment industry. Read more here...
Continue ReadingSilicon Valley heavyweights, including Peter Thiel’s Founders Fund, General Catalyst, and Valor Equity Partners, have poured over $100 million into San Francisco chip startup Substrate. Their investment in the secretive U.S. startup founded in 2022 .....
Continue ReadingGoogle, Meta and Microsoft spent almost $80bn over the last quarter on artificial intelligence infrastructure, but investors had markedly different.....
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As Microsoft has outperformed the S&P 500 Index over the past year, Wall Street analysts maintain a highly optimistic outlook about the stock’s prospects...
Continue ReadingNVIDIA (Nasdaq: NVDA) shares closed the day up 2.99% on Wednesday. That’s especially notable because NVIDIA saw 4.98% gains the day before. I would say these levels of gains are unprecedented for a $5 trillion company, but the idea of a $5 trillion company itself is unprecedented. NVIDIA surged today despite terrible market breadth. Consumer Staples were down ... NVIDIA (NVDA) Shares Surge 3% Today: Why One Picture Drove $400 Billion In Stock Gains...
Continue ReadingAlphabet Inc., Meta Platforms Inc. and Microsoft Corp. — together racked up some $78 billion in capital expenditures last quarter. Most of that cash was destined for data center construction and graphics processing units and other gear to fill them. Meta and Microsoft shares fell in after-hours trading on Wednesday after the companies disclosed the expenditures as part of quarterly reports...
Continue ReadingTech giant reports earnings of $3.72 per share day after deal with OpenAI pushed value of company to more than $4tn...
Continue ReadingApple is set to report its fiscal Q4 earnings after the close on Wednesday...
Continue ReadingMicrosoft revealed that its spending on AI infrastructure hit almost $35bn (£26.5bn) in the three months to the end of September, a sharp rise compared with the year before. Alphabet has also set out aggressive spending ambitions, but placated investors thanks to an impressive set of results that surpassed analysts' expectations...
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