Stock splits, particularly in the tech sector, have gained attention in recent months. As stocks such as Nvidia and Broadcom rose above $1,000 per share, they each executed stock splits, probably in an attempt to attract more prospective investors.
In today's vid eo, I discuss Nvidia (NVDA -2.80%) and recent updates impacting the semiconductor gia nt. To learn more, check out the short video, consider subscribing, and click the special offer link below.
Microsoft's (NASDAQ: MSFT) technical indicators are displaying a concerning outlook for the stock as the equity continues to take a hit from the broader market sell-off.
The artificial intelligence (AI) arms race has yet to wrap up, but big tech is already starting a new one: the quantum computing arms race. Several big tech companies have seen the raw computing power required to create these cutting-edge AI models, and it's clear that classical computing will work, but quantum computing is starting to become feasible for similar price points.
Goldman Sachs analyst Kash Rangan reiterated a Buy rating on Microsoft Corp MSFT with a price target of $500.
A TD Cowen analyst said that Microsoft had canceled plans for new data center developments. The news suggested that the staggering forecasts for data center growth could be overblown.
Over the course of the last 30 days, the price of Microsoft stock (NASDAQ: MSFT) has dropped by 7.71%. At press time, MSFT shares were trading at $401.05, marking a 4.85% loss on a year-to-date (YTD) basis.
Microsoft is reportedly shrinking its data center footprint.
Microsoft (MSFT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Microsoft has made an undisclosed equity investment in Veeam Software as part of an expanded partnership to build artificial intelligence products, the cloud data company said on Tuesday.
Microsoft's Majorana chips mark a groundbreaking quantum computing breakthrough, potentially bringing practical quantum computers closer to reality. The market has largely ignored the news, as quantum computing remains in its early stages with uncertain commercial timelines. Despite this, Microsoft holds a significant edge over competitors in quantum hardware, making it a strong long-term bet.
Is the AI arms race slowing down? Microsoft Corp., a leading contender in the artificial intelligence arena, has reportedly begun canceling leases for a substantial amount of data center capacity in the US, prompting speculation about whether the company may be tempering its ambitions or reevaluating its strategy.