Technology stocks were muted early on Thursday after a strong previous day.
With all the tech attention on market movers like Nvidia (NASDAQ: NVDA ), Amazon (NASDAQ: AMZN ) and Microsoft (NASDAQ: MSFT ), it can seem like tech stocks are too late to get in on. However, one of the beauties of the American economy is the constant innovation its competitive landscape drives.
The U.S. economy has a history of producing the world's most valuable companies. Four U.S. technology companies currently have a valuation of at least $2 trillion.
The FTC is investigating Microsoft's deal with Inflection AI, the Wall Street Journal reported. The probe examines if the deal was designed to dodge regulatory scrutiny and gain control.
Nvidia is trading at 64 times trailing earnings right now, which is why investors looking to buy an AI stock trading at a cheaper valuation would probably look elsewhere. Microsoft is an ideal alternative to Nvidia for those looking to capitalize on the AI revolution.
A major US antitrust investigation is brewing into the dominant role that Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA) and OpenAI are playing in the emerging artificial intelligence industry. The US Justice Department and the Federal Trade Commission have agreed to split responsibility for investigating this trio, the New York Times reports.
Microsoft is facing a pair of new antitrust probes from the Federal Trade Commission, according to reports Wednesday evening from The New York Times and Wall Street Journal.
The U.S. Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft , OpenAI and Nvidia play in the artificial intelligence industry, the New York Times reported on Wednesday, citing people familiar with the matter.
The Justice Department and the Federal Trade Commission agreed to divide responsibility for investigating three major players in the artificial intelligence industry.
The top three companies in the S&P 500 dominate the index like no trio ever has.
Microsoft (NASDAQ: MSFT ) stock is in a solid position that drives revenue from diverse streams. Its productivity apps target white-collar workers, and its Windows OS is widely used globally.
Microsoft (MSFT) reachead $416.07 at the closing of the latest trading day, reflecting a +0.62% change compared to its last close.