436 stories mentioning MicrosoftUpdated 2d ago
Rose with tech stocks in a broad rally; its Xbox studio Compulsion Games is reportedly planning to shut down.
Microsoft (MSFT) on Tuesday introduced an updated quantum-computing chip it hopes can set up a commercially useful machine by 2029.Majorana 2 boasts 1,000 times longer quantum state that the prior generation for more reliable computation and offers qubit lifetime of 20 seconds, the company said.Price: $442.45, Change: $-18.08, Percent Change: -3.92%
Microsoft Unveils Updated Quantum-Computing Chip for Useful Machine in 2029
Microsoft-backed (MSFT) OpenAI said Tuesday that ZoomInfo Technologies (GTM) is now natively available inside OpenAI Codex for Work as a business-to-business go-to-market intelligence app.The integration brings ZoomInfo's verified company intelligence and contact data into Codex, the company said. Users can ask Codex to identify target accounts, build prospect lists, or analyze companies, and Codex will run the matching ZoomInfo skill and return a verified answer, the company said.Price: $3.34, Change: $-0.49, Percent Change: -12.70%
Microsoft-backed (MSFT) OpenAI is expanding its AI coding agent with new tools aimed at professions beyond software engineering as it seeks to attract more business customers, Bloomberg reported Tuesday, citing an event presentation.The company introduced plugins for its Codex agent to field tasks related to public equity investment, banking and sales, among other areas, the report said.OpenAI plans to add plugins for legal and corporate finance and to integrate Codex into its flagship chatbot, the report said.OpenAI did not immediately respond to a request for comment by.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $444.17, Change: $-16.36, Percent Change: -3.55%
US equity indexes rose after President Donald Trump claimed Israel and Hezbollah agreed to dial back attacks on each other in Lebanon, and as technology topped sectors.The Nasdaq Composite climbed 0.4% to 27,086.81, with the S&P 500 up 0.3% to 7,599.96 on Monday. The Dow Jones Industrial Average turned the corner, trading up less than 0.1% to 51,078.88.Technology, which jumped more than 5% last week, and energy were the only gainers. Utilities, consumer discretionary, and communication services led the decliners.President Donald Trump spoke separately with Israeli Prime Minister Benjamin Netanyahu and Hezbollah representatives, multiple media reports cited the US president as saying. The president said Hezbollah had "agreed that all shooting will stop - That Israel will not attack them, and they will not attack Israel."The US informed Qatar that strikes threatened by Israel on Beirut's southern suburbs have been cancelled following a call between Trump and Netanyahu, a Qatari diplomatic source told Al Jazeera. Qatar had initiated contact with the US last Sunday to push for de-escalation, and since then, its officials have engaged in mediation efforts to reinforce the US-Iran ceasefire."The (Israel Defense Forces) will continue to operate in southern Lebanon as planned," CNN reported late Monday, citing Netanyahu as saying in a short statement. "There is no ceasefire in Lebanon," Defense Minister Israel Katz said Monday evening, according to CNN.Brent futures remained elevated, up 4.5% to $95.22. West Texas Intermediate futures were up 5.6% to $92.25. But, both crude oil types were off their respective session highs in the final leg of trading for the commodities.US Treasury yields were mixed after trading higher earlier in the session across the term structure. The 10-year yield was unchanged at 4.45%, retreating from over 4.5% intraday. The two-year rose 2.1 basis points to 4.04%, also off highs from earlier in the session.Gold futures were down 1.7% to $4,514.20, and silver futures declined 1% to $75.13, with both precious metals clawing back declines.In company news, Nvidia (NVDA) has launched RTX Spark, a new AI chip that will be used in Microsoft (MSFT) Windows laptops and desktops. Nvidia's shares jumped 6.3%, and Microsoft rose 2.3%, among the top gainers on the Dow.Salesforce (CRM) surged 9.7%, among the Dow and S&P 500's biggest outperformers, after the company said it will invest $2 billion in France through 2030 to expand its artificial intelligence and cloud operations.In economic news, the Institute for Supply Management's US manufacturing index rose to 54.0 in May, the highest since May 2022, from 52.7 in April, compared with expectations for a 53.0 reading in a Bloomberg-compiled poll.However, the S&P Global US manufacturing index for May was revised down to 55.1 from the flash 55.3, compared with expectations of no revision in a Bloomberg-compiled survey. The May index is above the 54.5 reading reported in April, indicating expansion.US construction spending rose by 0.4% in April, versus a 0.3% increase expected in a survey compiled by Bloomberg and following a downwardly revised 0.2% increase in March.
Wall Street's equity benchmarks hit fresh peaks on Monday, buoyed by gains in the technology sector as Nvidia's (NVDA) shares rallied, while traders monitored mixed US-Iran peace talks signals.The Nasdaq Composite rose 0.4% to 27,086.8, while the S&P 500 added 0.3% to 7,600. The Dow Jones Industrial Average edged up 0.1% to settle at 51,078.9. All three indexes logged new closing highs on the first trading day of June.Barring tech and energy, all sectors were in the red, led by utilities.In company news, Nvidia shares jumped 6.3%, among the top gainers on the Dow. On Sunday, the tech bellwether announced a new artificial intelligence chip to power Microsoft (MSFT) Windows personal computers, called RTX Spark, entering the consumer PC processor market.Microsoft shares rose 2.3%, also one of the Dow's best performers.Dell (DELL) shares advanced nearly 11%, extending its rally into the eight day in a row. Morgan Stanley upgraded its rating on the computer maker's stock to equal-weight from underweight and raised its price target to $448 from $170. Dell is outperforming peers in navigating semiconductor supply shortages, the brokerage said.Salesforce (CRM) climbed 9.7% after the company said it will invest $2 billion in France through 2030. Separately, Salesforce said it agreed to buy Contentful, a "composable" content platform.S&P 500 companies' quarterly earnings growth held steady at nearly 28%, compared with financials reported up until a week ago, putting the index on track to close out the most recent cycle well above estimates, Oppenheimer Asset Management said in a note.West Texas Intermediate crude oil was up 5.7% at $92.35 a barrel in Monday late-afternoon trade, while Brent rose 4.5% to $95.25.Iran suspended talks with the US in retaliation to Israel's military action in Lebanon, CNBC reported Monday, citing Iranian state-affiliated outlet Tasnim. However, US President Donald Trump said talks with Iran were continuing at "a rapid pace."In a separate social media post, Trump said he spoke to Israeli Prime Minister Benjamin Netanyahu and Iran-backed Hezbollah, with both agreeing to stop the fighting."It unfortunately feels like we have moved further away from a conclusion, with Iran commenting mid-Friday that no agreement has been reached, and reports over the weekend indicating that (Trump) has asked to amend the prior framework," Tudor Pickering Holt said in a note. "These shifting conditions alongside continued kinetic skirmishes between the parties are likely to further erode Iranian trust as officials have already cited the fluidity of priorities as a point of friction with Iran making clear that nuclear dialogue is contingent on successful negotiations to end the war and reopen the Strait of Hormuz."US Treasury yields were higher, with the 10-year rate up two basis points at 4.46%, and the two-year rate rising 3.3 basis points to 4.04%.In economic news, the US manufacturing sector expanded to its highest level in four years last month amid strength in demand and production, though price pressures remained elevated, two separate surveys by the Institute for Supply Management and S&P Global (SPGI) showed."Even with improving activity, the persistence of elevated cost pressures is likely to constrain the pace of expansion and keep policymakers cautious, limiting the scope for near-term monetary-policy easing," TD Economics said in a note.Gold was last down 1.8% at $4,512.30 per troy ounce, while silver fell 1% to $75.13 per ounce.
Tech stocks were mixed late Monday afternoon with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.5% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 1.7%.The Philadelphia Semiconductor index rose 1.2%.In corporate news, Dell (DELL) shares jumped past 10%. Morgan Stanley upgraded its rating on the company's stock to equalweight from underweight and raised its price target to $448 from $170. Dell is outperforming peers in navigating semiconductor supply shortages, the brokerage said.Amazon-backed (AMZN) Anthropic has confidentially submitted a draft registration statement for a proposed initial public offering to the US Securities and Exchange Commission, the company said Monday. The number of shares to be offered and the price have not yet been set, Anthropic said. Amazon shares were down 3.1%.Nvidia (NVDA) has launched RTX Spark, a new AI chip that will be used in Microsoft (MSFT) Windows laptops and desktops. Nvidia's shares climbed 6%, and Microsoft added 2.9%.Apple (AAPL) is planning a new service that will let iPhone users split joint bills, expanding its push into everyday financial tools, Bloomberg reported. Apple shares fell 1.4%.
(Updates with OpenAI's comment in the fifth paragraph.)Florida Attorney General James Uthmeier said Monday the state has filed a civil lawsuit against OpenAI and Chief Executive Sam Altman, alleging deceptive practices and harm to Floridians, including minors.The complaint alleges OpenAI knowingly released and marketed ChatGPT while concealing risks, downplaying safety concerns, and failing to adequately protect users, including children, according to the Attorney General's office."OpenAI and Altman ignored internal and external safety warnings, put children at great risk, and allowed a dangerous product to reach millions of Floridians," Uthmeier said.The state is seeking damages and an end to the practices outlined in the complaint under Florida's consumer protection laws.OpenAI, in an emailed statement to, said it has built "industry leading protections and policies" for minors, particularly embedding measures including an age prediction tool and providing parents with tools to monitor their kids' use of AI.Price: $460.61, Change: $+10.37, Percent Change: +2.30%
US benchmark equity indexes were mostly higher intraday as Nvidia (NVDA) helped lift the technology sector, while oil prices jumped as markets tracked the latest developments in the Middle East.The Nasdaq Composite was up 0.7% at 27,169.1 after midday Monday, while the S&P 500 rose 0.4% to 7,612.6. The Dow Jones Industrial Average was little changed at 51,017.1. All three benchmarks notched fresh closing highs in the previous session.Barring tech and energy, all sectors were in the red intraday Monday, led by utilities.In company news, Nvidia shares jumped 5.6%, among the top gainers on the Dow. On Sunday, the tech bellwether announced a new artificial intelligence chip to power Microsoft (MSFT) Windows personal computers, called RTX Spark, entering the consumer PC processor market.Microsoft shares were up 1.8% intraday Monday.Salesforce (CRM) was the best performer on the S&P 500, up 9.5%, after it said it will invest $2 billion in France through 2030. Separately, Salesforce said it agreed to buy Contentful, a "composable" content platform.Dell (DELL) shares were up 8.9% intraday, extending its rally. Morgan Stanley upgraded its rating on the computer maker's stock to equal-weight from underweight and raised its price target to $448 from $170. Dell is outperforming peers in navigating semiconductor supply shortages, the brokerage said.S&P 500 companies' quarterly earnings growth held steady at nearly 28%, compared with financials reported up until a week ago, putting the index on track to close out the most recent cycle well above estimates, Oppenheimer Asset Management said in a note.Hewlett Packard (HPE), Palo Alto Networks (PANW), Broadcom (AVGO) and CrowdStrike (CRWD) are scheduled to release quarterly results this week.West Texas Intermediate crude oil was up 4.8% at $91.54 a barrel, while Brent rose 3.9% to $94.70.Talks with Iran are continuing at "a rapid pace," US President Donald Trump said in a social media post Monday.Iran will suspend talks through intermediaries with the US and will move to completely shut the Strait of Hormuz in retaliation to alleged ceasefire violations, CNBC reported, citing Iran's state-affiliated news outlet Tasnim.In a separate social media post, Trump said he had a call with Israeli Prime Minister Benjamin Netanyahu, adding that no troops will be going to Beirut, while any troops that are on their way have already been turned back."Likewise, through highly placed representatives, I had a very good call with Hezbollah, and they agreed that all shooting will stop -- that Israel will not attack them, and they will not attack Israel," Trump said.US Treasury yields were higher intraday, with the 10-year rate up 1.6 basis points at 4.47%, and the two-year rate rising 3.5 basis points to 4.05%.In economic news, the US manufacturing sector expanded to its highest level in four years last month amid strength in demand and production, though price pressures remained elevated, two separate surveys by the Institute for Supply Management and S&P Global (SPGI) showed."Even with improving activity, the persistence of elevated cost pressures is likely to constrain the pace of expansion and keep policymakers cautious, limiting the scope for near-term monetary-policy easing," TD Economics said in a note.Gold was down 1.5% at $4,523.30 per troy ounce, while silver fell 0.4% to $75.59 per ounce.
Amazon.com (AMZN), Microsoft (MSFT) and Alphabet's (GOOG, GOOGL) Google may be excluded from critical European government cloud-computing contracts under proposed EU rules aimed at reducing the bloc's reliance on US technology providers, Reuters reported Monday, citing EU draft documents.The European Commission plans to introduce strict sovereignty, data protection and procurement requirements as part of its Cloud and AI Development Act, due to be unveiled Wednesday by EU Technology Commissioner Henna Virkkunen, the report said.The proposal, which would apply to sensitive state tenders in sectors such as banking, energy and healthcare, may favor software and hardware developed within the EU the report said.The European Commission, Amazon, Microsoft and Google didn't immediately reply to requests for comments from.Amazon shares fell 3.2% in Monday trading, Alphabet declined 0.6%, and Microsoft rose 2.1%.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $261.91, Change: $-8.74, Percent Change: -3.23%
Florida Attorney General James Uthmeier said Monday the state has filed a civil lawsuit against OpenAI and Chief Executive Sam Altman, alleging deceptive practices and harm to Floridians, including minors.The complaint alleges OpenAI knowingly released and marketed ChatGPT while concealing risks, downplaying safety concerns, and failing to adequately protect users, including children, according to the Attorney General's office."OpenAI and Altman ignored internal and external safety warnings, put children at great risk, and allowed a dangerous product to reach millions of Floridians," Uthmeier said.The state is seeking damages and an end to the practices outlined in the complaint under Florida's consumer protection laws.OpenAI did not immediately respond to' request for comment.Price: $458.74, Change: $+8.50, Percent Change: +1.89%
Tech stocks were mixed Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.4% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 1.2%.The Philadelphia Semiconductor index rose 1.5%.In corporate news, Amazon-backed (AMZN) Anthropic has confidentially submitted a draft registration statement for a proposed initial public offering to the US Securities and Exchange Commission, the company said Monday. Amazon shares were down 3.2%.Nvidia (NVDA) has launched RTX Spark, a new AI chip that will be used in Microsoft (MSFT) Windows laptops and desktops. Nvidia's shares climbed 5%, and Microsoft added 2.2%.Salesforce (CRM) shares gained 9.6% after the company said it will invest $2 billion in France through 2030 to expand its AI and cloud operations.
Nvidia (NVDA) has announced a new artificial intelligence chip to power Microsoft (MSFT) Windows personal computers, called RTX Spark, entering the consumer PC processor market.RTX Spark delivers the full Nvidia AI and graphics technology stack to creators, AI developers and gamers, according to a joint statement on Sunday.RTX Spark will be available this fall from manufacturers including ASUS, Dell (DELL), HP (HPQ), Lenovo, Microsoft Surface and MSI, to be followed by models from Acer and GIGABYTE."The PC is being reinvented," Nvidia Chief Executive Jensen Huang said. "For forty years, you launched apps. Click. Type. With RTX Spark and Microsoft Windows, you ask -- and the PC does the work."These new PCs are designed for the era of personal AI agents, Nvidia said."This marks a key milestone in the rich, full-stack collaboration between Microsoft and Nvidia spanning gaming, AI and cloud -- from DirectX and RTX to Nvidia-accelerated AI workloads on Azure -- driving end-to-end innovation for our shared customers," Pavan Davuluri, executive vice president, Windows + Devices, said in a blogpost on Sunday. "These next-generation Windows PCs represent the next step on that journey."RTX Spark marks Nvidia's formal entry into the consumer PC processor market, Wedbush Securities said in a report on Monday."We believe (Nvidia's) previous work around using (graphics processing units) to enable AI workloads in PCs should benefit (its) push to define the agentic PC," Wedbush analyst Matt Bryson wrote. "But we also wonder how much even a successful implementation might mean for (Nvidia), given the ultimately small size of the PC market (vs. NVDA's accelerator business)."Nvidia's foray into the AI-enhanced consumer PC business could hurt Intel (INTC) in particular, Bryson said.Bryson sees "limited near-term competitive implications" from the Nvidia-Microsoft collaboration.Nvidia said it is collaborating with Adobe (ADBE) to "rearchitect" Adobe Premiere and Photoshop for RTX Spark.Shares of Nvidia were up 5% in Monday trading and Microsoft rose 2.6%. Adobe jumped 5.9%, while Intel fell 3.2%. Dell and HP gained 8.3% each.Price: $221.79, Change: $+10.65, Percent Change: +5.04%
Tech stocks were mixed Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.4% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 1.4%.The Philadelphia Semiconductor index rose 1.4%.In corporate news, Nvidia (NVDA) has launched RTX Spark, a new AI chip that will be used in Microsoft (MSFT) Windows laptops and desktops. Nvidia's shares climbed 4.8%, and Microsoft added 2.6%.
US equity indexes traded mixed after Iran's reported threats to halt the indirect peace talks with Washington sent crude oil futures sharply higher, and as technology extended gains.The Nasdaq Composite climbed 0.2% to 27,019.1, with the S&P 500 up less than 0.1% to 7,581.9, while the Dow Jones Industrial Average was lower by 0.3% to 50,858.1 after midday on Monday.Energy and technology, which jumped more than 5% last week, were the only sectors in positive territory. Utilities, consumer discretionary, and communication services led the decliners.Iranian negotiators will stop exchanging messages with the US through intermediaries, and Tehran will fully close the Strait of Hormuz in retaliation against ongoing ceasefire violations, CNBC reported, citing Iran's state-affiliated news outlet Tasnim on Monday. The report, in a translated post on the social media site Telegram, homed in on Israel's military operations in Lebanon against the Iran-backed militia Hezbollah, CNBC reported."No dialogue will take place" until Israel fully withdraws from occupied areas in Lebanon and stops all attacks in both Lebanon and Gaza, Tasnim was cited as saying.Meanwhile, President Donald Trump, who last week received a framework for a peace agreement with Iran, sent back changes to the proposed deal, officials said, insisting on tougher language about Tehran's nuclear commitments and its pledge to reopen the Strait of Hormuz, CNN reported.Brent crude futures soared 6.6% to $97.12, and West Texas Intermediate crude oil futures surged 7.7% to $94.07. The rise follows US attacks on Iranian military sites, Tehran targeting a US military base, and Israel's advances in Lebanon, according to media reports.US Treasury yields rose, with the 10-year up 5.3 basis points to 4.51%. The two-year jumped 6.8 basis points to 4.08%.In precious metals, gold futures slumped 2.1% to $4,496.5, while silver futures dropped 1.3% to $74.97.In company news, Nvidia (NVDA) has launched RTX Spark, a new AI chip that will be used in Microsoft (MSFT) Windows laptops and desktops. Nvidia's shares jumped 5.1%, and Microsoft rose 2.6%, among the top gainers on the Dow.Salesforce (CRM) surged 9.6%, among the Dow and S&P 500's biggest outperformers, after the company said it will invest $2 billion in France through 2030 to expand its artificial intelligence and cloud operations.In economic news, the Institute for Supply Management's US manufacturing index rose to 54.0 in May from 52.7 in April, compared with expectations for a smaller increase to a 53.0 reading in a survey compiled by Bloomberg. The index indicates faster expansion, and the print is the highest since May 2022.However, the S&P Global US manufacturing index for May was revised down to 55.1 from the flash 55.3, compared with expectations of no revision in a Bloomberg-compiled survey. The May index is above the 54.5 reading reported in April, indicating expansion.US construction spending rose by 0.4% in April, versus a 0.3% increase expected in a survey compiled by Bloomberg and following a downwardly revised 0.2% increase in March.
US equity indexes traded mixed after Iran's move to halt indirect peace talks with the US sent crude oil futures sharply higher and as technology extended gains.The Nasdaq Composite climbed 0.2% to 27,030.4, with the S&P 500 up less than 0.1% to 7,583.9, while the Dow Jones Industrial Average was lower by 0.2% to 50,912.6 after midday on Monday.Energy and technology, which last week jumped more than 5%, were the only sectors in positive territory intraday. Utilities, consumer staples, health care led the decliners.Iran will halt talks with the US in protest of Israel's military operations in Lebanon, media outlets reported Monday, citing Iran's state-affiliated news outlet Tasnim. President Donald Trump, who last week received a framework for a peace agreement with Iran, had sent back changes to the proposed deal, officials said, insisting on tougher language about Tehran's nuclear commitments and its pledge to reopen the Strait of Hormuz, CNN reported.Brent crude futures soared 7.2% to $97.71, and West Texas Intermediate crude oil futures surged 8.3% to $94.62. The rise follows US attacks on Iranian military sites and Tehran targeting a US military base, according to media reports.In company news, Nvidia (NVDA) has launched RTX Spark, a new AI chip that will feature in Microsoft (MSFT) Windows laptops and desktop personal computers. Nvidia's shares jumped 3.9% and Microsoft rose 2.3%, among the top gainers on the Dow.
Microsoft (MSFT) is planning to announce new artificial intelligence models and Windows upgrades at its upcoming Build conference, The Verge reported Monday, citing sources familiar with the matter.Sources told the news outlet that the company will discuss new AI models in Windows, a new Copilot application, and a reasoning model from Microsoft AI.In addition, the Windows upgrades will include a new Windows 11 experience optimized for developers and other customization changes, the report said.Microsoft did not immediately respond to' request for a comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $463.68, Change: $+13.44, Percent Change: +2.99%
The Dow Jones Industrial Average was down, while the S&P 500 Index and Nasdaq Composite were roughly flat in late-morning trading Monday, as oil prices rose after Iranian state media disclosed that Iran would halt messages with the US over Israel's military operations in Lebanon.In company news, Nvidia (NVDA) said Monday it has launched RTX Spark, a new AI chip that will feature in Microsoft (MSFT) Windows laptops and desktop personal computers. The chip features an Nvidia Blackwell RTX graphics processing unit, 1 petaflop of AI compute and 128gb of unified memory, Nvidia said. RTX Spark will power its Windows laptops, including Microsoft Surface, and those of its PC partners ASUS, Dell (DELL), HP (HPQ), Lenovo and MSI, Microsoft said in a blogpost. Nvidia shares were up 3.9%, while those of Microsoft, Dell and HP were up 2.0%, 8.5% and 7.2%, respectively.People Inc. said Monday it has submitted a non-binding proposal to acquire all outstanding MGM Resorts International (MGM) shares it doesn't already own for $48.30 per share in cash. The proposal represents a 24.1% premium to the volume-weighted average price of MGM common stock for the 30 trading days ending on May 29, People said. MGM shares were up 16.5%.Taylor Morrison Home (TMHC) has agreed to be acquired by Berkshire Hathaway (BRK.A, BRK.B) for $6.8 billion in cash and a total enterprise value of about $8.5 billion, the companies said Sunday. Berkshire will pay $72.50 per share, a 24% premium to Taylor Morrison's latest closing price of $58.50 on May 29, the companies said. The deal is expected to close in H2, at which point Taylor Morrison will continue to be managed by its existing management team, the companies said. Taylor Morrison shares were up 22.6%, while Berkshire's Class A and Class B shares were down 0.7% and 0.8%, respectively.Constellation Energy (CEG) has priced an underwritten secondary offering of 11 million shares at $281 apiece, the company said Monday. Underwriters have a 30-day option to buy an extra 1.35 million shares, and Constellation said it will repurchase 2 million shares from the underwriters at the offering price under its existing buyback program. Constellation shares were down 5.8%.Salesforce (CRM) said Monday it will invest $2 billion in France through 2030, including the launch of an AI Innovation Hub in Paris for developing, testing and deploying AI applications. Salesforce shares were up 10.2%.Price: $219.23, Change: $+8.09, Percent Change: +3.83%
Technology stocks were mixed premarket Monday, with the State Street SPDR S&P Semiconductor ETF (XSD) down 0.2% and the State Street Technology Select Sector SPDR Fund (XLK) advancing by 1%.Nvidia (NVDA) has launched RTX Spark, a new AI chip that will feature in Microsoft (MSFT) Windows laptops and desktop personal computers. Nvidia stock rose past 2% and Microsoft shares were up more than 3% pre-bell.Intel (INTC) plans to begin shipping a new artificial intelligence chip in limited volumes by the end of 2026, the Financial Times reported, citing a senior company executive. Intel stock was down more than 5% premarket.Salesforce (CRM) shares were up more than 4% after the company said it will invest $2 billion in France through 2030, expanding its AI and cloud operations.
Technology stocks were flat to higher premarket Monday, with the State Street SPDR S&P Semiconductor ETF (XSD) inactive and the State Street Technology Select Sector SPDR Fund (XLK) advancing by 1.2%.Nvidia (NVDA) has launched RTX Spark, a new AI chip that will feature in Microsoft (MSFT) Windows laptops and desktop personal computers. Nvidia stock rose past 2% and Microsoft shares were up more than 3% pre-bell.
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