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.
Microsoft has announced a multi-billion-dollar AI-focused partnership with Japan's Hitachi. The collaboration is designed to use generative artificial intelligence (AI) to fuel the growth of Hitachi's business software and services business Lumada, particularly in “social infrastructure” areas like energy and mobility, per a Monday (June 3) news release.
Microsoft (MSFT) and Japanese conglomerate Hitachi on Tuesday announced a multibillion-dollar partnership spanning three years focused on accelerating the adoption of generative artificial intelligence (GenAI).
Wall Street is abuzz over new Microsoft (NASDAQ: MSFT ) layoffs. The tech giant plans to cut as many as 1,500 workers, primarily from its Azure for Operators and Mission Engineering teams and its Mixed Reality program, according to unnamed insiders.
Microsoft (MSFT) announces a multibillion-dollar collaboration with Hitachi to accelerate the adoption of generative artificial intelligence.
The trend of tech layoffs is continuing into June as hundreds of jobs have reportedly been cut at Microsoft (MSFT) and Alphabet's (GOOGL) Google in recent days.
A privacy campaign group in Austria filed two complaints Tuesday against Microsoft, saying its education software that is widely used in schools violates data protection rights for children.
Microsoft on Tuesday said it will introduce new artificial intelligence tools for customer service call centers.
A group of current and former OpenAI employees published an open letter Tuesday describing concerns about the artificial intelligence industry's rapid advancement despite a lack of oversight, and a lack of whistleblower protections for those who wish to speak up. "AI companies have strong financial incentives to avoid effective oversight, and we do not believe bespoke structures of corporate governance are sufficient to change this," the employees wrote in the open letter.
Shares in Microsoft are slightly overpriced after rising more than 25% since last May. Intel is a better bargain and has made a promising shift in its business model.
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.