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Microsoft to Incur $800M Charge Tied to Cruise Robotaxi Program
US Morning News Call | Adobe Predicts Lower Revenue for FY25 Amid Slowing Subscription Sales
RBC Capital Maintains Microsoft(MSFT.US) With Buy Rating, Maintains Target Price $500
Heard on the Street: Google's Quantum Boost Doesn't Really Compute -- WSJ
These 10 Most-loved S&P 500 Stocks Could See as Much as 50% Upside in 2025
Microsoft Expects $800 Million Impairment Charge Due To GM's Cruise Exit, Analyst Says It's A 'Step In The Right Direction' For Automaker
US Investors Should Diversify Portfolio in 2025 Given 'Lacklusture' Recent Earnings, Morgan Stanley Says
Microsoft Brings iPhone File Sharing To Windows PCs With New Phone Link Update: Here's What You Need To Know
Update: Market Chatter: Google Asks FTC to End Microsoft's Exclusive OpenAI Hosting Deal
Wedbush released a Christmas wish list: Technology stocks to rise another 25% next year, with three companies' Market Cap reaching 4 trillion dollars.
Dan Ives, a Technology Analyst at Wedbush Securities, released a "Top 10 Christmas Wish List for the Technology Industry in 2025" on X on Wednesday, predicting that technology stocks will further rise by 25% in the coming year, with Apple, NVIDIA, and Microsoft each reaching a Market Cap of $4 trillion for the first time. These ten wishes include: 1. Anticipating that the scale of mergers and acquisitions in the Technology Industry will soar by 50%. 2. Technology stocks will rise an additional 25%. 3. The $4 trillion Market Cap club will welcome its first three members: Apple, NVIDIA, and Microsoft. 4. Capital spending in the AI sector alone will exceed $1 trillion. 5. Tesla will reach...
Microsoft's Mustafa Suleyman Is Recruiting Google DeepMind Talent As Redmond Plans AI Healthcare Superiority: Report
Less Than 1% of Microsoft Shareholders Voted for BTC Proposal
Express News | OpenAI Says Chatgpt, APi, and Sora Were Down Today but Recovered - X Post
Microsoft Is Losing This Much on GM's Robotaxi Unit Cruise
The two major US Energy giants are targeting the "fat" of the AI era: powering Datacenters.
Executives from the two major Energy giants in the USA, Chevron and Exxon Mobil, stated on Wednesday that they are considering entering the Electrical Utilities Industry and discussing the use of Henry Hub Natural Gas and carbon capture technology to supply power to AI Datacenters in the Technology sector. Previously, USA oil companies typically only produced power for their own Business. However, amid the current surge in demand, they are attempting to enter a broader Electrical Utilities market.
Malaysia established the National AI Policy and Regulatory Office.
Malaysia established a National AI Office on Thursday, aiming to formulate policies and address regulatory issues, and hopes to position itself as a regional hub for AI development. Over the past year, this Southeast Asian country has received billions of dollars in investment from Global tech companies seeking to build essential infrastructure to meet the growing demand for their cloud and AI services. The country's Prime Minister Anwar Ibrahim said at the launch ceremony of the new office: "This is another historic moment in our digital transformation journey." According to the details published on its website, the office is expected to
Microsoft Will Take an $800M Hit Over Cruise Robotaxi Shutdown
Express News | OpenAI - We're Experiencing an Outage Right Now - X Post
Microsoft lost approximately $0.8 billion due to Cruise investment
Microsoft said on Wednesday that it expects to accrue impairment charges of about 0.8 billion US dollars in the second fiscal quarter, related to the company's minority investment in Cruise, an autonomous driving company owned by GM. The day before, GM said it would no longer fund this business because it was too expensive to develop this technology and set up a fleet. Microsoft announced a minority investment in Cruise in January 2021 as part of a $2 billion investment in the autonomous vehicle startup, which is mostly owned by GM. The move enabled Microsoft to take over the emerging connected car services market
Jim Cramer Explains Why the Biggest Names in Tech Are Rallying