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Billionaire Bill Gates naturally has most of his money tied up in Microsoft (NASDAQ:MSFT), the company he and childhood friend Paul Allen founded in 1974.
Microsoft is discontinuing HoloLens after losing billions of dollars on the project. The company's 10-year IVAS contract to make goggles for the Army is worth up to $22 billion.
INVESTIGATION ALERT: Levi & Korsinsky, LLP Announces Investigation into Microsoft/Xbox (NASDAQ:MSFT)
NEW YORK, NY / ACCESSWIRE / October 14, 2024 / Levi & Korsinsky, LLP is investigating potential claims on behalf of individuals who purchased video games through the Microsoft/Xbox website. Reports suggest that legally protected data may have been intercepted during transactions, particularly for customers who purchased video games featuring cut scenes or cinematics.
OpenAI has opened an office in Bellevue, Wash., as the ChatGPT-maker establishes a physical presence near its close partner Microsoft and looks to tap into the robust engineering talent pool in the Seattle area.
Microsoft (MSFT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
SAN RAMON, Calif.--(BUSINESS WIRE)--Armanino earns sales achievements and innovation distinction, joining the 2024-25 Microsoft Business Applications Inner Circle.
So-called “platform” stocks, such as Microsoft and Snowflake are the most attractive part of the AI sector according to Goldman Sachs.
Microsoft stock has underperformed as investors have grown increasingly concerned about its AI monetization prospects. Microsoft must invest aggressively in AI CapEx now but faces intense competition from its hyperscaler peers. Its investment in OpenAI might not be profitable until 2029, lowering the opportunity for near-term earnings accretion.
Britain's government has pledged to “hardwire stability for investors” through a new industrial strategy ahead of a major summit on Monday. In the UK's first industrial strategy in seven years, the government said eight growth sectors would be in focus.
Apple stock trades for a premium price tag with little to show for it.