Latest Microsoft Corp News
Alphabet, Snap rise; Intel, Boyd Gaming fall, Friday, 4/26/2024
Stocks that are trading heavily or have substantial price changes on Friday: Microsoft Corp. (MSFT), up $9.64 to $408.68. The software maker's fiscal third-quarter financial results beat analysts' forecasts. Alphabet Inc. (GOOGL), up $15.93 to $171.93. ...
Tech CEOs Altman, Nadella, Pichai and others join government AI safety board led by DHS' Mayorkas
WASHINGTON (AP) — The CEOs of leading U.S. technology companies are joining a new artificial intelligence safety board to advise the federal government on how to protect the nation's critical services from “AI-related disruptions.” Homeland Security Secretary Alejandro...
Stock market today: Alphabet and Microsoft push Wall Street toward its first winning week in a month
NEW YORK (AP) — Alphabet and Microsoft are leading the U.S. stock market on Friday toward the finish of its first winning week in the last four. The S&P 500 was 1.1% higher in afternoon trading and on track for its best week since November. The Dow Jones Industrial Average was...
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Microsoft on Thursday said its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productive. The company reported quarterly net income of $21.93 billion, or $2.94 per share,...
Google parent reports another quarter of robust growth, rolls out first-ever quarterly dividend
Google’s corporate parent Alphabet Inc. on Thursday released a quarterly report showing it’s still reaping double-digit revenue gains from its digital advertising empire while sowing potentially lucrative new ground in artificial intelligence. The results for the first three...
Microsoft: Fiscal Q3 Earnings Snapshot
REDMOND, Wash. (AP) — REDMOND, Wash. (AP) — Microsoft Corp. (MSFT) on Thursday reported fiscal third-quarter earnings of $21.94 billion. The Redmond, Washington-based company said it had profit of $2.94 per share. The results exceeded Wall Street expectations. The...
Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals
LONDON (AP) — British competition regulators said Wednesday they'll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry. The Competition and Markets Authority said it's looking into...
Cisco Systems joins Microsoft, IBM in Vatican pledge to ensure ethical use and development of AI
ROME (AP) — Tech giant Cisco Systems on Wednesday joined Microsoft and IBM in signing onto a Vatican-sponsored pledge to ensure artificial intelligence is developed and used ethically and to benefit the common good. Cisco Systems chief executive Chuck Robbins signed the document,...
Microsoft invests $1.5 billion in AI firm G42, overseen by UAE's national security adviser
REDMOND, Wash. (AP) — Microsoft is investing $1.5 billion in a technology firm based in the United Arab Emirates and overseen by the country’s powerful national security adviser. Microsoft and the technology holding company G42 announced the deal Tuesday. As part of the...
Stock market today: Asian shares track Wall Street slump triggered by strong US spending data
BANGKOK (AP) — Asian shares skidded Tuesday following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks. The Shanghai Composite index lost 1.4% to 3,013.84 even though the Chinese government reported that the economy grew at a...
