Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms
Azure crossed $100 billion in revenue for the first time, and a new disclosure about OpenAI offered some respite.
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Microsoft’s $480 billion rally fuels a debate: Financial nihilism or the true AI moat finally coming into view?
The market seems to be in a “rip up the script every day” kind of mode, Steve Sosnick of Interactive Brokers told Fortune. Unless that changes tomorrow.
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Trump ‘not sure’ he will let Ukraine build Patriot missiles
US president had earlier said he would allow the country to produce the weapon vital for its defence against Russia
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Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing
The iPhone maker said sever constraints in the supply chain will affect sales of iPhones, Macs, and iPads in the current quarter.
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Meta stock drops 10% as free cash flow gets crushed—and Zuckerberg hints at launching cloud business with few details
Meta’s quarterly results showcased the strength of its core social media business, as well as the gap in its business model in the AI arms race.