Market Analysis
Microsoft Up 8.2% Premarket On Strong Earnings, Will Continue AI Push
Microsoft believes artificial intelligence products will boost sales.
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Microsoft
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Microsoft
Market Analysis
Samsung to Retain Google as Default Search Engine on its Devices: Report
Google currently accounts for 93% of searches on mobile devices and computers.
Best Stocks
Alphabet Down 3% in Premarket After Reports of Samsung Ditching Google for Bing
According to a NYT report, Samsung could replace Google Search with AI-Powered Bing.
Metaverse
Big Firms Loved the Metaverse Not Long Ago; Now They’re Abandoning It
Major metaverse platforms like Decentraland and The Sandbox have seen a sharp decline in the number of virtual land sales too.
Metaverse
Microsoft Shifts Focus to AI, Terminates Metaverse Division
The power of AI tools restructures Microsoft's business model and plans.
Market Analysis
China’s Baidu Sees Stock Price Rising After Announcing ChatGPT Rival
Baidu's shares jumped 12% after the Chinese tech giant announced its own artificial intelligence chatbot.
Market Analysis
Microsoft Up 4%+ Afterhours Despite Missing Q2 Revenue Expectations
Microsoft’s Q2 earnings report shows a 2% rise in revenue, but a 12% decrease in net income.
Market Analysis
Despite Massive Layoffs, Most Tech Firms Have More Employees Now than Pre-COVID
The majority of tech companies still have more workers than at the start of Covid despite the recent massive layoffs.
Market Analysis
Is Big Tech Overshadowing the Stock Market Rebound?
Alphabet, Amazon, Apple, Meta, and Microsoft are responsible for nearly half of the S&P 500’s losses over the past 12 months.
Market Analysis
Microsoft Willing to Fight the FTC Over $75B Activision Deal: Report
Microsoft is preparing to fight the FTC's decision to block its acquisition of Activision.
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London Stock Exchange Shares Up 3.7% as Microsoft Deal Announced
Shares of London Stock Exchange Group are up 3.7% as the UK bourse operator teams up with Microsoft.
Latest
FTC Sues Microsoft to Block $69B Acquisition of Activision
FTC announced it would take actions to prevent Microsoft’s acquisition of Activision-Blizzard citing antitrust concerns.
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Activision Shares Down 3% as FTC Considers Blocking Microsoft Acquisition
FTC is likely to file a lawsuit to block Microsoft's $68.7B acquisition of Activision Blizzard, citing antitrust concerns.