Microsoft's stock has fallen more than 21% in June, marking its worst monthly performance since the year 2000. This decline reflects a broader market trend moving away from major tech giants known as the "Magnificent Seven." Investors are reacting negatively to Microsoft's increased capital spending, shifting away from its previously strong free-cash-flow profile. The stock's poor performance this month places it near the bottom of the S&P 500 index in terms of returns, signaling potential challenges ahead for the company in maintaining investor confidence.
The New York Times amended its 2023 lawsuit against OpenAI and Microsoft, modifying a claim against Microsoft and dropping one against OpenAI. The lawsuit accuses the companies of copyright infringement for using Times articles to train AI models lik...
Ben Reitzes of Melius Research recommends investors buy chip stocks such as Nvidia, Broadcom, Micron, AMD, and Dell, citing a long-term trend favoring compute power over cloud giants like Microsoft, Oracle, and Google. He argues that while AI demand ...
Microsoft announced a global price increase for Xbox consoles starting August 1, with 512GB models rising by $100 and 1TB models by $150. The Xbox Series S 512GB will go from $399 to $499, and the Series X 1TB Disc from $649 to $800. The company attr...
Alphabet's shares fell over 5% in a week after five core AI researchers left for competitors like OpenAI and Anthropic, highlighting concerns about Google's AI product lineup, especially in coding assistants. Despite strong financials and growth in G...
Microsoft shares have dropped nearly 25% over the past year despite strong Q3 FY26 results showing 18.3% revenue growth and 40% Azure expansion. The company’s AI business revenue doubled year-over-year, supported by a $250 billion Azure investment fr...
