EU antitrust regulators on Tuesday charged Microsoft of illegally bundling its chat and video app Teams with its Office product and say that recent moves by the U.S. tech giant to unbundle the package were insufficient and more needed to be done.
Nvidia is the most recent company to reach a market cap of $3 trillion, largely thanks to the company's growing AI chip and data center business. Microsoft's investment in OpenAI has so far appeared to be a good bet, as artificial intelligence (AI) is now ingrained across Windows and other platforms operated by the company.
In the most recent trading session, Microsoft (MSFT) closed at $447.67, indicating a -0.47% shift from the previous trading day.
Microsoft stock notched an all-time high on Monday before retreating amid general weakness in tech stocks.
A Microsoft deal to invest $1.5 billion in G42 is "generally a positive development" because it forced the United Arab Emirates-based company to sever ties to China's Huawei, a White House official said on Monday.
The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
Nvidia has benefitted from the ongoing AI arms race. Microsoft placed an early bet on OpenAI, and it's leveraging it to great effect.
A bull market has seen the S&P 500 soar over the last year. Nvidia has been a major contributor to that growth and could have much more to offer investors in the coming years.
The Technology Select Sector SPDR Fund ETF has a weird quirk that made it top-heavy with its top two holdings. It will soon be heavily weighted toward Nvidia and Microsoft while having to significantly reduce its stake in Apple.
QCOM's entry into the AI chips market seems promising, with MSFT endorsing the ARM-based Snapdragon X Elite CPU chips as the "fastest, most AI-ready PC ever built." This is on top of the promising "performance required for MSFT to make a big push for Windows on Arm," while offering a direct competition to AAPL's M3-powered MacBook. While AMD and INTC are set to launch competing x86 AI chips, we believe that QCOM's exclusive partnership with MSFT on the Recall feature may eventually be a key differentiator.
Nvidia (NASDAQ: NVDA) recently reached a significant milestone by briefly claiming the top spot in global market capitalization, surpassing both Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL). On June 18, 2024, Nvidia's market cap reached an impressive $3.3 trillion making it the most valuable company.
Generative artificial intelligence (AI) is making headlines and hardware is the current focus, but software will mark the next wave of AI adoption. It's estimated the market for generative AI software could soar 18,647% by 2032, according to Bloomberg Intelligence.