Tag MSFT
The e-commerce giant said Amazon Web Services is growing at its fastest rate since 2022, driven by AI. Shares surged in after-hours trading...
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STORY: Wall Street closed lower on Thursday, with the Dow dropping nearly a quarter of a percent, the S&P 500 losing about 1% and the tech-heavy Nasdaq tumbling more than 1.5%.Facebook parent Meta Platforms weighed heavily on the S&P and Nasdaq, with shares plunging more than 11%.The social media company a day earlier forecast "notably larger" capital expenses next year due to investments in AI, with reports surfacing that it would raise cash through a bond sale.Dean Smith is chief strategist and portfolio manager at FolioBeyond. "You've got some really strong earnings from some of the tech companies, but you've also had some disappointments. One in particular is that Meta is facing some pushback from investors over its planned $30 billion bond offering. That is a very large number. [FLASH] They're trying to raise money to build out their data centers and technology infrastructure. Some other companies in the Magnificent Seven, so-called, it's kind of a mixed bag, but I think we're seeing the first glimmers of people starting to question whether this capital expenditure is going to pay off in the end. It's definitely a question that's been weighing on investors minds for quite some time.”Microsoft shares ended down nearly 3% after the tech giant also warned that spending would rise this year.Meanwhile, shares of Apple climbed more than 4% in extended trading, after CEO Tim Cook gave a forecast for holiday quarter iPhone sales and overall revenue that beat Wall Street expectations.Shares of Netflix, which have gained more than 360% over the past three years, were up 3% in extended trading, after the streaming giant announced a ten-for-one forward stock split, making the company's shares more affordable for retail investors.And shares of AI chip leader Nvidia fell 2% after it had given the market an extra boost the day before, when it became the first publicly listed company to surpass $5 trillion in market capitalization...
Continue ReadingSpiking as much as +6% in Thursday's trading session, Alphabet (GOOGL) stock has started to challenge Nvidia (NVDA) for the most year-to-date gains from the Mag 7...
Continue ReadingMeta shares fell by more than 11% today, and Microsoft by more than 2%, after earnings reports showed the two have much to prove about their AI futures. Plus: Amazon shares jump after the bell on higher earnings, and Chipotle falls with economic strains keeping customers away...
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FEATURE The Goldilocks Problem. The stock market cruised through much of the fall riding hopes for artificial intelligence spending, a trade pact with China, and a more accommodative Federal Reserve. Today, Wall Street got a bit of a reality check...
Continue ReadingLike Google and Microsoft, it is spending aggressively on artificial intelligence and raised estimates for capital expenditures next year. BlackRock’s private-credit investing arm HPS Investment Partners and other lenders are trying to recover hundreds of millions of dollars after falling victim to what they called a “breathtaking” fraud, the Wall Street Journal reported. The lenders have accused Bankim Brahmbhatt, the owner of little-known telecom-services companies Broadband Telecom and Bridgevoice, of fabricating accounts receivable that were supposed to be used as loan collateral...
Continue ReadingAmazon's share price skyrocketed by more than ten percent on Thursday after the online retail behemoth reported better than expected earnings, powered by surging demand for its cloud computing services.Amazon's major rivals in the cloud computing space, Microsoft and Google, on Wednesday also reported sales increases in their cloud computing business, with all companies pointing to adoption of AI services as the main driver...
Continue ReadingOn Wednesday, Nvidia Corp. (NASDAQ:NVDA) became the world's first company to reach a $5 trillion market capitalization, overtaking both Apple Inc. (NASDAQ:AAPL) and Microsoft Corp. (NASDAQ:MSFT), as CEO Jensen Huang revealed unprecedented demand for .....
Continue ReadingRead here for an analysis of Cantillon Capital's Q3 2025 13F portfolio's key holdings, strategic moves in Broadcom, Adobe and Liberty Media...
Continue ReadingMicrosoft Corp (MSFT) reports robust revenue and earnings growth, fueled by significant advancements in cloud and AI sectors despite some operational challenges...
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