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Microsoft

Microsoft

$MSFT
NASDAQTechnology

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.

Wire

Microsoft Remains Among Market Leaders in Enterprise Software, RBC Says

Microsoft (MSFT) continues to be a market leader in enterprise software markets and is positioned to expand its position in the age of artificial intelligence, RBC Capital Markets said in a Thursday note.The company's Microsoft 265 Copilot service is now inline with Microsoft Outlook, potentially indicating a "key habit-formation signal," the investment firm said. Microsoft is also transitioning to a hybrid seat-plus-consumption model from a per-seat model, which could signal customer predictability RBC added.RBC also noted Microsoft's stake of about a 27% in OpenAI and the company's several expansion opportunities, according to the report.RBC has an outperform rating and $640 price target on MicrosoftPrice: $418.83, Change: $-0.26, Percent Change: -0.06%

$MSFT
Wire

Market Chatter: Microsoft Defends Data Visualization Product by Blocking Databricks Feature

Microsoft (MSFT) blocked a new feature created by Databricks, a longtime partner, that makes it easier for its customers to connect information on its platform to Microsoft's Power BI, which provides companies with data visualizations of their operations, The Information reported Friday, citing two Databricks salespeople and consultants who work with customers.Microsoft blocked the feature weeks after Databricks began testing it in early March, which caused the reports that customers had built with it to immediately stop working, the salespeople and consultants reportedly said.The new feature made it easier for Power BI customers to manage their data and build AI agents in Databricks than through a competing data management offering from Microsoft, called Fabric, the report said, citing the salespeople.Microsoft did not immediately reply to a request for comment from.(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: $421.16, Change: $+2.07, Percent Change: +0.49%

$MSFT
Wire

Market Chatter: OpenAI Generates $5.7 Billion Q1 Revenue, $1 Billion More Than Anthropic

Microsoft-backed (MSFT) OpenAI generated revenue of about $5.7 billion in Q1, almost $1 billion more than its rival, Amazon-backed (AMZN) Anthropic during the same period, The Information reported Thursday, citing two people with knowledge of the financials.OpenAI and Anthropic didn't immediately reply to requests for comment from.(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: $419.04, Change: $-2.02, Percent Change: -0.48%

$AMZN$MSFT
Wire

OpenAI Generates $5.7 Billion in Q1 Revenue, $1 Billion More Than Anthropic, The Information Reports

OpenAI Generates $5.7 Billion in Q1 Revenue, $1 Billion More Than Anthropic, The Information Reports

$AMZN$MSFT
Wire

Top Midday Stories: Supreme Leader Says Enriched Uranium Must Stay in Iran; Nvidia Q1 Earnings, Q2 Guidance Top Estimates, But Shares Fall

All three major US stock indexes were down and oil prices were up after Iran's supreme leader issued a directive ordering that Iran's near-weapons-grade uranium must stay in the country, Reuters reported, citing two senior Iranian sources.In company news, Nvidia (NVDA) reported fiscal Q1 adjusted earnings late Wednesday of $1.87 per diluted share, up from $0.78 a year earlier and above the FactSet consensus analyst estimate of $1.75. Fiscal Q1 revenue was $81.6 billion, up from $44.1 billion a year ago and above the FactSet consensus of $78.9 billion. For fiscal Q2, the company said it expects revenue of $91 billion, plus or minus 2%, above the FactSet consensus of $87.23 billion. The company also said it authorized an additional $80 billion share repurchase plan, and it raised its quarterly dividend to $0.25 per share from $0.01. Nvidia shares were down 1.8% around midday.Walmart (WMT) reported fiscal Q1 adjusted earnings Thursday of $0.66 per diluted share, up from $0.61 a year earlier and equal to the FactSet consensus. Fiscal Q1 revenue was $177.75 billion, up from $165.61 billion a year ago and above the FactSet consensus of $174.84 billion. For fiscal Q2, the company said it expects adjusted EPS of $0.72 to $0.74, below the FactSet consensus of $0.75. Fiscal Q2 net sales are expected to increase by 4% to 5%, the company said. Walmart shares were down 7.4%.IBM (IBM), GlobalFoundries (GFS) and D-Wave Quantum (QBTS) said they are set to receive billions of dollars in US government backing as part of an effort by the Trump administration to solidify the nation's lead in quantum computing. IBM said it signed an LOI with the Commerce Department to launch Anderon, the US' first pure-play quantum chip foundry backed by $1 billion in CHIPS and Science Act funding. GlobalFoundries said it plans to build a domestic quantum manufacturing ecosystem with $375 million in proposed funding, while D-Wave said it secured a proposed $100 million award under the CHIPS and Science Act. Shares of IBM, GlobalFoundries and D-Wave were up 7.3%, 11.0% and 25.2%, respectively.SpaceX (SPCX) filed an S-1 registration statement with the Securities and Exchange Commission late Wednesday for an initial public offering. Separately, SpaceX entered into cloud-computing agreements to provide Amazon-backed (AMZN) Anthropic access to its server infrastructure, SpaceX said in a regulatory filing. Amazon shares were down 0.1%.Stellantis (STLA) said Thursday it's launching a 60-billion-euro ($69.7 billion), five-year plan to accelerate growth and increase profits. The plan, called FaSTLAne 2030, seeks to debut more than 60 new vehicles and 50 "significant refreshes" by 2030, the company said. Stellantis shares were down 2.3%.Intuit (INTU) reported fiscal Q3 adjusted earnings late Wednesday of $12.80 per diluted share, up from $11.65 a year earlier and above the FactSet consensus of $12.57. Fiscal Q3 revenue was $8.56 billion, up from $7.75 billion a year ago and above the FactSet consensus of $8.54 billion. For fiscal Q4, the company said it expects adjusted EPS of $3.56 to $3.62 on revenue growth of 11% to 12%. Analysts polled by FactSet expect adjusted EPS of $3.14. For fiscal 2026, Intuit said it expects adjusted EPS of $23.80 to $23.85, up from its previous guidance of $22.98 to $23.18 and above the FactSet consensus of $23.22. Fiscal 2026 revenue is expected to be between $21.34 billion and $21.37 billion, above the FactSet consensus of $21.24 billion. The company said it expects to incur $300 million to 340 million in restructuring charges from its plan to cut its full-time workforce by 17%, primarily in fiscal Q4. Intuit shares were down 19.7%.Anthropic is in talks to rent servers powered by artificial intelligence server chips designed by Microsoft (MSFT), The Information reported Thursday, citing two people who spoke to executives involved in the discussion. Microsoft shares were down 0.3%.Price: $218.96, Change: $-4.51, Percent Change: -2.02%

$AMZN$GFS$IBM$INTU$MSFT$NVDA$QBTS$SPCX$STLA$WMT
Sectors

Sector Update: Tech Stocks Gain Late Afternoon

Tech stocks were higher late Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.1% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 4.7%.The Philadelphia Semiconductor index popped 4.1%.In corporate news, Microsoft-backed OpenAI (MSFT) is aiming for an initial public offering as soon as September that will value the company at more than $1 trillion, the Financial Times reported. Microsoft shares rose 1%.Nvidia's (NVDA) fiscal Q1 sales are expected to outperform market projections, with potential for "enhanced" cash returns likely to be among the key areas of focus, BofA Securities said in a note. The brokerage maintained its buy rating on the Nvidia stock, with a $320 price objective, citing its "dominance in the fastest growing tech market and its compelling valuation." Nvidia shares rose 1.3%.Meta Platforms (META) CEO Mark Zuckerberg told employees the company does not expect further company-wide layoffs this year, Reuters reported, citing an internal memo. Meta on Wednesday cut 10% of its global workforce and reassigned 7,000 employees to AI-related initiatives as part of a broad restructuring, the report said. Meta shares added 0.2%.Intuit (INTU) is laying off about 17% of its global workforce, or roughly 3,000 employees, as part of a restructuring aimed at simplifying operations and sharpening focus on key priorities, including AI initiatives, Reuters reported. Intuit shares were down 3.6%.

$INTU$META$MSFT$NVDA
Sectors

Sector Update: Tech

Tech stocks were higher late Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 4.8%.The Philadelphia Semiconductor index popped 4.2%.In corporate news, Microsoft-backed OpenAI (MSFT) is aiming for an initial public offering as soon as September that will value the company at more than $1 trillion, the Financial Times reported. Microsoft shares rose 0.7%.

$MSFT
Wire

Sector Update: Tech Stocks Gain Wednesday Afternoon

Tech stocks were higher Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.8% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 4%.The Philadelphia Semiconductor index popped 3.6%.In corporate news, Nvidia's (NVDA) fiscal Q1 sales are expected to outperform market projections, with potential for "enhanced" cash returns likely to be among the key areas of focus, BofA Securities said in a note. The brokerage maintained its buy rating on the Nvidia stock, with a $320 price objective, citing its "dominance in the fastest growing tech market and its compelling valuation." Nvidia shares rose 1.8%.Microsoft-backed (MSFT) OpenAI has been working with bankers in preparation of filing for an initial public offering in the coming days or weeks, The Wall Street Journal reported. Microsoft shares added 0.9%.Intuit (INTU) is laying off about 17% of its global workforce, or roughly 3,000 employees, as part of a restructuring aimed at simplifying operations and sharpening focus on key priorities, including AI initiatives, Reuters reported. Intuit shares were down 3.5%.

$INTU$MSFT$NVDA
Wire

Market Chatter: OpenAI $1 Trillion IPO May List as Soon as September

Microsoft-backed OpenAI (MSFT) is aiming for an initial public offering as soon as September that will value the company at more than $1 trillion, the Financial Times reported Wednesday, citing people familiar with the matter.OpenAI didn't immediately reply to a request for comment from.(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: $418.76, Change: $+1.34, Percent Change: +0.32%

$MSFT
Wire

OpenAI $1 Trillion IPO May List as Soon as September, Financial Times Reports

OpenAI $1 Trillion IPO May List as Soon as September, Financial Times Reports

$MSFT
Wire

Market Chatter: OpenAI Preparing to File for IPO in Coming Days or Weeks

Microsoft-backed (MSFT) OpenAI has been working with bankers in preparation of filing for an initial public offering in the coming days or weeks, The Wall Street Journal reported Wednesday, citing people familiar with the matter.Bankers at Morgan Stanley (MS) and Goldman Sachs (GS) have been working with OpenAI on a draft IPO prospectus the maker of ChatGPT plans to file confidentially with regulators soon, potentially as early as Friday, some of the people reportedly told The WSJ.OpenAI didn't immediately reply to a request for comment from.(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: $417.70, Change: $+0.28, Percent Change: +0.07%

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Wire

OpenAI Preparing to File for IPO in Coming Days or Weeks, The Wall Street Journal Reports

OpenAI Preparing to File for IPO in Coming Days or Weeks, The Wall Street Journal Reports

$MSFT
Wire

Microsoft Launches New Surface for Business Devices

Microsoft (MSFT) has launched the Surface Pro for Business and Surface Laptop for Business devices, the company said in a Tuesday blog.Both new models feature on-device artificial intelligence processing and support the end-to-end Microsoft stack, including Microsoft Intune, Windows Autopilot and the Surface Management Portal, according to the blog.The new Surface for Business devices are initially available in select markets with Intel (INTC) Core Ultra Series 3 processors, with plans to expand with Qualcomm's (QCOM) Snapdragon X2 chips later this year, Microsoft said.Price: $425.25, Change: $+1.71, Percent Change: +0.40%

$INTC$MSFT$QCOM
Sectors

Sector Update: Tech Stocks Fall Late Afternoon

Tech stocks were lower late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 1.1% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 3.1%.The Philadelphia Semiconductor index slumped 2.3%.In corporate news, a jury on Monday rejected Tesla (TSLA) CEO Elon Musk's claims that Microsoft-backed (MSFT) OpenAI betrayed its mission under Sam Altman's leadership by morphing into a for-profit business, Bloomberg reported. Microsoft shares added 0.2%, and Tesla was down 3%.Seagate Technology (STX) shares fell more than 6% after Chief Executive Dave Mosley said that building new factories to meet demand would "take too long."LiveRamp (RAMP) shares jumped past 27% after the data collaboration platform agreed to be acquired by French advertising and public relations firm Publicis Groupe in an all-cash deal with an enterprise value of about $2.17 billion.Equinix's (EQIX) plan to build two data centers in Cape Town, South Africa, is facing opposition from community groups and UK non-profit Foxglove, claiming the project lacks key details on water use, electricity demand and environmental impact, Reuters reported, citing a formal objection filed with city planners. Equinix shares were up 0.3%.

$EQIX$MSFT$RAMP$STX$TSLA
Wire

Sector Update: Tech

Tech stocks were lower late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 2% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 4.5%.The Philadelphia Semiconductor index slumped 3.8%.In corporate news, a jury on Monday rejected Tesla (TSLA) CEO Elon Musk's claims that Microsoft-backed (MSFT) OpenAI betrayed its mission under Sam Altman's leadership by morphing into a for-profit business, Bloomberg reported. Microsoft shares were little changed, and Tesla was down 3.4%.

$MSFT$TSLA
Wire

Market Chatter: Jury Rejects Musk's Claims OpenAI Betrayed Mission Under Altman

A jury on Monday rejected Tesla (TSLA) CEO Elon Musk's claims that Microsoft-backed (MSFT) OpenAI betrayed its mission under Sam Altman's leadership by morphing into a for-profit business, Bloomberg reported Monday.The jury in federal court in Oakland, California, found that Musk waited too long to bring his claims against OpenAI, according to the report.Elon Musk and OpenAI didn't immediately reply to requests for comment from.(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: $408.24, Change: $-14.00, Percent Change: -3.32%

$MSFT$TSLA
Wire

Jury Rejects Musk's Claims OpenAI Betrayed Mission Under Altman, Bloomberg reports

Jury Rejects Musk's Claims OpenAI Betrayed Mission Under Altman, Bloomberg reports

$MSFT$TSLA
Wire

Market Chatter: Microsoft Executives Warn That GitHub's AI Lead is Eroding

Microsoft's (MSFT) Jay Parikh, who oversees the division that houses GitHub, warned that the unit faces a critical threat as it has struggled to respond to new AI coding competitors and has seen its lead in the space vanish, The Information reported Monday.GitHub has also suffered from major outages that have angered big customers, the report said.Microsoft didn't immediately reply to a request for comment from.(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: $423.69, Change: $+1.77, Percent Change: +0.42%

$MSFT
Wire

Microsoft Executives Warn That GitHub's AI Lead is Eroding, The Information Reports

Microsoft Executives Warn That GitHub's AI Lead is Eroding, The Information Reports

$MSFT
Sectors

Sector Update: Tech Stocks Fall Late Afternoon

Tech stocks were lower late Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 1.4% and the State Street SPDR S&P Semiconductor ETF (XSD) down 2%.The Philadelphia Semiconductor index slumped 3.3%.In corporate news, Bill Ackman said Friday on the social media platform X that his Pershing Square hedge fund has sold Alphabet (GOOGL) shares and established a new position in Microsoft (MSFT). Alphabet shares were down 1.1%, and Microsoft climbed 3.7%.Nvidia (NVDA), Advanced Micro Devices (AMD) and Intel (INTC) shares declined in Friday trading, while ASML (ASML) and STMicroelectronics (STM) also fell after a US-China summit ended without major semiconductor agreements, Yahoo Finance reported. The pullback came after talks between President Donald Trump and Chinese President Xi Jinping failed to produce significant developments on semiconductor trade issues, despite investor expectations for progress on advanced chip sales to China, the report said. Nvidia shares fell 3.6%, AMD lost 4.4%, Intel declined 5.9%, ASML dropped 4.7%, and STMicroelectronics slumped 4.3%.Figma (FIG) shares gained 14% after it posted Q1 adjusted net income and revenue that surpassed analysts' estimates.Xerox (XRX) shares jumped past 7% after alternative investment fund Starteepo Invest acquired 6.6 million shares of the company, representing a 5.05% stake.

$AMD$ASML$FIG$GOOGL$INTC$MSFT$NVDA$STM$XRX

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