Microsoft's joint venture Wicresoft will cease its China operations from Tuesday, a move that will lead to the layoff of about 2,000 staff, Chinese media outlet Caijing reported on Monday, citing sources.
President Trump's tariffs and China's retaliation have triggered mayhem in tech stocks, with the Nasdaq crumbling into a bear market. Yet, Microsoft stock has outperformed tech and software peers since February 2025, demonstrating its resilience as a harbor for tech investors. MSFT's sticky enterprise and cloud platform layer could prove resolute even as enterprise spending could be lowered globally, bolstered by bundling.
Microsoft remains a defensive buy due to its diversified business model, strong margins, and significant cash generation, making it resilient amidst macroeconomic uncertainties and tariff issues. The company's strategic investments in AI and cloud services, particularly Azure, position it well for long-term growth despite near-term investments. Despite market volatility, Microsoft's valuation remains attractive, with potential upside to the current level.
Microsoft AI CEO Mustafa Suleyman's remarks were interrupted by a pro-Palestinian protesting employee during the technology company's 50th anniversary celebration on Friday over the firm's ties with Israel.
As Microsoft CEOs past and present gathered here to celebrate the company's 50th birthday, one leader said he is targeting a particular metric's improvement to guide his strategy on artificial intelligence.
Building the largest artificial intelligence models in the world is very expensive and can be duplicative said Mustafa Suleyman, CEO of AI at Microsoft, which partners with OpenAI. OpenAI models are inside Microsoft's Copilot, to which Suleyman announced updates on Friday.
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Microsoft AI CEO Mustafa Suleyman joins CNBC's Steve Kovach and 'Closing Bell Overtime' to talk Microsoft Copilot, the impact of tariffs, Apple's AI delay and more.
Former Microsoft CEO Steve Ballmer said people will feel the effects of President Trump's U.S. tariffs on imports announced this week. Co-founder Bill Gates said he wasn't sure if tariffs would extend beyond goods into services, where Microsoft mainly focuses.
Former Microsoft CEO Steve Ballmer shares his thoughts on tariffs.
A software engineer in Microsoft's AI division interrupted the company's 50th anniversary celebration on Friday, protesting the Israeli military's use of the company's AI products. "You have blood on your hands," the engineer said.
Fifty years after the founding of Microsoft, the CEO of its artificial intelligence division has a big task: develop a new product line as integral to daily life as the software giant's past innovations.