Microsoft said on Friday gaming head Phil Spencer is retiring after 38 years at the software maker, in a major leadership shake-up amid growing challenges in a competitive industry. The company named insider Asha Sharma as the executive vice president and CEO of the gaming division. Sharma said she would renew focus on the Xbox console, aiming to "recommit to our core Xbox fans and players."
Today, Feb. 20, 2026, funding setbacks put CoreWeave's AI build-out strategy under the microscope.
After helping Tesla join the Magnificent 7, the Model S and X will be discontinued as the company shifts focus toward robotics and an autonomous Cybercab.
Alphabet rose after rolling out its Gemini AI model to enterprise customers and announcing a new Asia commerce partnership. The move suggests investors are growing more confident that AI-driven growth can support the company’s aggressive infrastructure spending plans.
OEMs pressured as DRAM jumps 50%
US equities advanced Friday after President Donald Trump announced additional 10% global tariffs in
Spencer, who has run the Xbox business since 2014 and was named gaming CEO in 2022 is retiring, the company said. Xbox games studios chief Matt Booty will become chief content officer, reporting to Sharma. Sharma, who previously held roles at Instacart and Meta Platforms Inc., was chosen for her consumer expertise and will serve as the chief executive officer of gaming, Microsoft CEO Satya Nadella said Friday in a blog post.
Microsoft Leverages AI Tools to Expand Enterprise Software Reach
Yahoo Finance Markets and Data Editor Jared Blikre and Senior Reporter Brooke DiPalma join Market Domination Host Josh Lipton in tracking several of the day's top trending stock tickers after US Supreme Court officials struck down President Trump's trade tariffs on Friday, including Bob's Discount Furniture (BOBS), Leggett & Platt (LEG), Wayfair (W), RH (RH), Nike (NKE), Amazon (AMZN), Alphabet (GOOG, GOOGL), and Apple (AAPL). To watch more expert insights and analysis on the latest market action, check out more Market Domination.
AI’s boom just got a new storyline. And this time it isn’t about chips. The newest issue concerns electricity bills, grid reliability, and water. Confused? You shouldn't be. Politicians in Washington are facing the heat to prove to consumers they won’t “pick up the tab” for hyperscale data center ...
Even after accounting for the effects of the federal government shutdown, AI represented nearly 60% of the growth in the U.S. economy.
US equity indexes were higher intraday as traders assessed President Donald Trump's response to a Su
Microsoft Corporation (NASDAQ:MSFT) is among the 8 Most Promising Metaverse Stocks to Buy According to Hedge Funds. Microsoft Corporation (NASDAQ:MSFT) is one of the most promising stocks. TheFly reported on February 4 that Stifel downgraded MSFT from Buy to Hold and lowered its price target to $392 from $540. The analyst cited ongoing Azure supply […]
PATH strengthens its RPA leadership with AI-driven automation and powerful alliances, even as the stock lags and earnings estimates climb.
Shares of tech goods makers rose off their morning lows on news of the high court’s ruling. Apple, for example, had spent years beefing up its iPhone manufacturing capacity in India, and was able to shift that output to the U.S. In its first quarter, Apple’s products gross profit margin increased by 1.4 percentage points from the year before, despite the tariff headwind. Apple stock rose 0.6% in midday trading, after being down as much as 0.9%.
After serving nearly five years as LinkedIn’s CFO, James Chuong will take the project manager software provider’s finance reins next month.
By Lucy Raitano and Amanda Cooper LONDON, Feb 20 (Reuters) - U.S. investors are pulling money out of their own stock market at the fastest pace in at least 16 years as Big Tech returns fade and better
OpenAI has more than 200 people working on a family of AI-powered devices that will include a smart speaker and possibly smart glasses and a smart lamp, the Information reported on Friday, citing a person with knowledge of the plans. The smart speaker, the first device OpenAI will launch, is likely to be priced between $200 and $300, the report said, citing two people with knowledge of it. The smart glasses likely would not be ready for mass production until 2028, the report said.
Nvidia Earnings Preview as Hyperscalers Boost 2026 AI Spending
Apple Draws Billion-Dollar Bets as Berkshire Cuts Back
State alleges company failed to deploy adequate detection tools.
Volatility skew suggests no panic among institutional traders.
UK consumer confidence continued to fall in February, though figures released this week offered some more upbeat news on the country's economy.
An actively managed ETF, Akre Focus targets high-quality U.S. companies with strong returns and disciplined management.
OpenAI is nearing a funding round that could value the company at over $850 billion, putting it among the world’s most valuable companies. What does this mean for Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), and every other player in the AI ecosystem? The $100B Raise in Context If completed, this would be the largest private funding round ... OpenAI Is Now Worth More Than Goldman Sachs and Netflix Combined — Here’s What That Means


