Microsoft and AMD have extended their strategic partnership to deploy AMD's next-generation Helios AI infrastructure on Microsoft Azure. This includes rolling out AMD Helios rack-scale systems designed for large-scale AI inference workloads, combining AMD's latest GPUs, processors, networking tech, and software. Microsoft will also introduce new virtual machines powered by AMD EPYC processors and expand AMD networking tech within Azure. This collaboration aims to enhance Azure's AI infrastructure options, providing customers with improved performance and scalability for AI applications. AMD expects to start shipping Helios systems in the second half of 2026.
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...
