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Microsoft is under antitrust investigation, and OpenAI is caught in the crossfire.
Media reports that officials from the Federal Trade Commission (FTC) in the USA are asking Microsoft's competitors about the impact of Microsoft's transactions and product range in the AI field, specifically the trade between Microsoft and OpenAI. This transaction allows Microsoft to have exclusive authorization to run OpenAI models on its cloud servers.
AI applications are accelerating penetration, Salesforce (CRM.US) performance exceeds expectations across the board! Software stocks continue to lead the AI investment wave.
salesforce, driven by AI, has achieved strong performance, and the sales outlook provided by this software giant is in line with market expectations.
FTC's Microsoft Probe, Trump Tariffs, South Korea: Market Domination
The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.
Express News | Microsoft Announces Quarterly Dividend
Press Release: Microsoft Announces Quarterly Dividend