Microsoft is merging its consumer-focused Copilot app with the business-oriented Microsoft 365 Copilot app to create a simpler, unified AI experience. This move acknowledges the overlap between personal and professional AI use and addresses the complexity that hindered Copilot's competitiveness against rivals like ChatGPT and Claude. As part of the consolidation, Microsoft will discontinue features such as Group Chats, AI-generated podcasts, and experimental tools by August 2026, while migrating existing files to OneDrive. The company aims to refocus Copilot on core functionalities and improve its relevance to users after internal feedback suggested the app needed to "earn the right to exist."
On July 29, 2026, Vanguard changed the benchmark index for its Growth ETF (VUG) from the CRSP US Large Cap Growth Index to the Morningstar US Large Cap Growth Index following Morningstar's acquisition of CRSP. The fund's investment strategy and holdi...
Bill Ackman, through Pershing Square, has re-entered Netflix with a new position of about 3 million shares, representing roughly 4.9% of his portfolio. This move marks a reversal from his 2022 exit when he sold at a loss after subscriber numbers disa...
Microsoft reported strong financial results for Q4 and the full fiscal year 2026, achieving 18% revenue growth and expanding its Azure cloud business past $100 billion with 41% growth. The company's AI monetization strategy is proving successful, wit...
Microsoft has closed at least 15 offices and joint ventures in China over five years, accelerating a partial retreat in 2026. The company is shifting hardware manufacturing out of China, closing physical retail stores, and cutting Azure cloud jobs am...
Goldman Sachs downgraded Advanced Micro Devices (AMD) to a Sell rating despite the company reporting record Q2 revenue of $11.54 billion, driven largely by its Data Center segment which accounts for 58% of sales. AMD projects strong Q3 revenue of $13...
