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What happens all around us affects the markets – and what affects the markets affects our financial security. Keep in touch with everything of interest that’s happening from a wide variety of general news and financial sources curated by our team.
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Nvidia (NASDAQ:NVDA) has reached an unprecedented milestone, achieving the highest market capitalization ever recorded by a publicly traded company. The chipmaker approached $5.
Salesforce (NYSE:CRM), through its messaging platform Slack, has launched legal action against Microsoft (NASDAQ:MSFT) in London’s High Court, accusing the tech giant of anticompetitive conduct linked to its Teams software. The claim, filed on April 23 by Slack Technologies LLC and associated entities, alleges that Microsoft restricted competition by integrating Teams with its broader software offerings.
A trial that could help shape the future of artificial intelligence begins on Tuesday, with billionaires Elon Musk and Sam Altman at odds over the evolution of ChatGPT maker OpenAI from a nonprofit to a profit-seeking juggernaut worth hundreds of billions of dollars. Opening statements in Musk's civil lawsuit against OpenAI and Altman will take place in the Oakland, California, federal court, following the selection on Monday of nine jurors. Musk claims that Altman and Greg Brockman, respectively OpenAI's chief executive and president, betrayed him and the public by abandoning the company's mission to be a benevolent steward of AI for the benefit of humanity, and turning it into a "wealth machine" for themselves and investors.
Big Tech has spent hundreds of billions of dollars over three years to power the artificial intelligence boom. Quarterly results from Alphabet, Microsoft, Meta and Amazon - all due on Wednesday - will gauge if the sky-high spending on AI has driven enough growth in cloud computing and advertising to justify the cost. Amazon and Instagram-parent Meta have announced job cuts affecting thousands of workers, while Microsoft has come up with its first employee buyout program in more than five decades.
A deluge of Big Tech earnings this week will take center stage on Wednesday. One number will tell the story of the AI boom.
OpenAI gains new freedom to offer its AI models to clients on multiple cloud platforms beyond Azure.
Microsoft-backed (MSFT) OpenAI recently missed its own targets for new users and revenue, according
I think two other companies would be much better members of the Magnificent Seven.
Bitcoin and other cryptocurrencies were falling early Tuesday as the stock market’s tech-driven rally looked set to hit pause. Bitcoin was trading at $76,637 early in the day, down 1.3% over the past 24 hours, according to CoinDesk data. Nasdaq futures slipped 0.4% ahead of the open after the index, and the S&P 500 eked out record closing highs.
(Bloomberg) -- Shares in OpenAI partners such as SoftBank Group Corp. and Oracle Corp. are falling after the Wall Street Journal reported that the AI startup recently failed to meet targets for sales and new users, reviving worries about spending ahead of tech earnings. Most Read from BloombergSergey Brin Confronted Gavin Newsom — Then Launched a Political WarTrump Being ‘Humiliated’ in Iran Talks, German Leader SaysThe Billion-Barrel Hormuz Oil Shock Is About to Crash DemandOpenAI Breaks Free F
The data center specialist is growing rapidly.
Big Tech has announced $740 billion in capex this year, but AI has yet to show evidence of widespread increased productivity.
Wall Street is getting ready for one crazy Wednesday: A Federal Reserve meeting, a Senate committee vote on a new Fed chairman, and earnings reports from four Mag Seven companies after the closing bell. The Cboe Volatility Index, also known as Wall Street’s fear gauge, has tumbled from above 30 in late March to a more reasonable level of 18. Adding to the stakes: Never before have powerhouses Alphabet Microsoft Amazon and Meta Platforms all posted earnings on the same day.
Trading points to jitters about the broad market, and optimism about most Big Tech earnings. How to play both those views.
ROME, April 28, 2026--Microsoft and Postel, a Poste Italiane Group company, announce an evolution of their collaboration and of the agreements they have signed for the digitalization of Italian businesses, welcoming Audiencerate as technology partner in the Data and Direct & Digital Marketing space.
(Bloomberg) -- Investors are reverting to a pre-war playbook of betting Asian stocks will outpace US peers, as confidence builds in the region’s central role in the artificial-intelligence boom.Most Read from BloombergSergey Brin Confronted Gavin Newsom — Then Launched a Political WarTrump Being ‘Humiliated’ in Iran Talks, German Leader SaysThe Billion-Barrel Hormuz Oil Shock Is About to Crash DemandOpenAI Breaks Free From Exclusive AI Pact With MicrosoftThe $1 Million Retirement Myth: Here’s Wh
Apple Inc. (NASDAQ:AAPL) is among the 15 Best Big Name Stocks to Buy. On April 21, Rosenblatt analyst Barton Crockett maintained a cautious outlook on the stock with a Neutral rating and a price target of $268. This is a reaffirmation of the firm’s earlier March update. On the same day, Wedbush reiterated its Outperform rating […]
Microsoft Corporation (NASDAQ:MSFT) is among the 15 Best Big Name Stocks to Buy. Earlier this week, the company said it would offer voluntary buyouts to employees as job cuts continue to impact the tech industry amid rising AI spending. According to reports, the software giant will give about 7% of its workforce the option of early […]
In recent weeks, IREN has been highlighted as a pure‑play data center operator after securing a five‑year, US$9.70 billion agreement with Microsoft, underpinning its push into AI‑focused infrastructure alongside its existing Bitcoin mining operations. This long‑term hyperscale contract, combined with management’s US$3.40 billion annualized revenue goal for 2026, underscores both the opportunity in AI data centers and the heavy capital commitments required to build out capacity. We’ll now...
Constellation Energy (NasdaqGS:CEG) is partnering with Microsoft to restart the Three Mile Island nuclear facility to supply power to data centers. The agreement focuses on providing carbon free electricity tailored to rising AI related power needs. The move adds a high profile digital infrastructure customer to Constellation Energy's existing generation portfolio. Constellation Energy trades at $315.17, with the shares up 9.6% over the past week and 4.5% over the past month. Over the past...
The upside for each stock is massive.
Wall Street is beginning to price in companies that can build a fully domestic rare earth supply chain, as a 2027 defense deadline forces the U.S. to reduce reliance on China
REVIEW PREVIEW NEWSLETTER Expectations Mount. It’s a big week for earnings, and investors are feeling optimistic as S&P 500 companies plow through what’s likely to be another quarter of double-digit growth.
During a 2007 onstage conversation at a conference, Steve Jobs revived one of his favorite stories about Apple Inc.’s former CEO, Gil Amelio. Jobs said Amelio once described the Cupertino giant as "a ship with a hole in the bottom, leaking water" and cast himself as steering it in the right direction. Jobs Turned Amelio Into A Punchline The line, delivered by Jobs at D5, captured how little faith he had in the man who ran Apple before his return. In Walter Isaacson's biography, Jobs said he thou
It's going to be a busy week on Wall Street as several leading "Magnificent Seven" and crypto companies report their quarterly earnings. The Magnificent Seven refers to a group of seven high-performing, influential U.S. technology and growth stocks that have dominated market returns since 2023. ...