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Tag: Microsoft

Nvidia and other AI stocks are being dragged lower by Microsoft and Meta

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Nvidia and other AI stocks are being dragged lower by Microsoft and Meta

Despite robust quarterly earnings, shares of Microsoft (MSFT) and Meta (META) plunged on Thursday as both tech giants signaled significant future AI spending needs and slower growth prospects. Shares of companies that have become leaders in the AI ​​sector fell despite heavy investments in generative AI that had previously fueled investor optimism. The downward pressure […]

The Dow and Nasdaq sink as Microsoft and Meta lead the selloff in tech stocks

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The Dow and Nasdaq sink as Microsoft and Meta lead the selloff in tech stocks

In this story The Dow Jones Industrial Average fell more than 400 points Thursday morning, along with sharp declines in the Nasdaq and S&P 500, after Microsoft's weaker-than-expected earnings reports (MSFT-5.59%) and Meta (META-3.99%). super microcomputer (SMCI-13.76%) The stock continued to fall afterwards the resignation of Ernst & Young, the company's auditor, and now it's […]

Microsoft and Meta's profits are rising rapidly, but their stocks are falling because both companies aren't building data centers fast enough

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Microsoft and Meta's profits are rising rapidly, but their stocks are falling because both companies aren't building data centers fast enough

NEW YORK (AP) — Wall Street felt the downside of high expectations Thursday as Microsoft and Meta Platforms pushed U.S. stock indexes lower despite posting big gains over the summer. The S&P 500 lost 1.6% in midday trading and was on track for its worst day in nearly eight weeks, falling further from its record […]

Stock prices rise as AI makes record profits

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Stock prices rise as AI makes record profits

Topline Microsoft's third calendar quarter earnings were the strongest in the company's five-decade history, as the Washington-based computing giant capitalizes on the next generation of technological innovations in generative artificial intelligence. Microsoft CEO Satya Nadella speaks in May. AFP via Getty Images Important facts In its earnings report released Wednesday afternoon, Microsoft reported record earnings […]

How it became the most hated font in the world.

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How it became the most hated font in the world.

What did Comic Sans ever do to us? The font was one of the fonts preinstalled on Windows 95 – where it stood out like a sore thumb next to statelier options like Arial and Times New Roman – and as its thick preschool curves metastasized across the Internet, it was revered by the world […]

You can now update your Apple TV to tvOS 18.1

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You can now update your Apple TV to tvOS 18.1

Apple has released tvOS 18.1, a relatively small update focused on bug fixes and performance improvements. Apple's release of tvOS 18.1 is now available to the public on Apple TV and Apple TV 4K. As expected, there are no publicly available notes of interest for this particular version. In mid-September, Apple rolled out tvOS 18 […]

What you should know this week

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What you should know this week

Stocks are in one of the busiest weeks of the year and are nearing record highs. A late-week rally led by a rise in Tesla shares (TSLA) helped the Nasdaq Composite close the week just shy of a new record high, up about 0.9%. Meanwhile, the S&P 500 (GSPC) fell more than 0.3% and the […]

Here's how to get cheaper gas with Amazon Prime and BP Earnify

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Here's how to get cheaper gas with Amazon Prime and BP Earnify

In this story Amazon (AMZN+0.88%) Subscribers pay for it Prime in exchange for free two-day shipping, discounts on services like Grubhub, and access to movies and TV shows on Prime Video. Now you can add gas savings to that list. McDonald's faces its first lawsuit stemming from the Quarter Pounder E. coli outbreak Amazon announced […]

Black Ops 6? Find out when it will be released here

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Black Ops 6? Find out when it will be released here

Video games to relieve stress? Gamers are writing a new narrative. Playing video games is no longer a child's play as many adults of all ages now play video games to manage stress and socialize. Ariana Triggs, USA TODAY The next installment of the hugely popular Call of Duty series is almost here. Game lovers […]

Fact Sheet: Amazon Goes Nuclear, FTC Signs Out, Crypto Influence, 35,000 Cyberattacks, China vs. Intel

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Fact Sheet: Amazon Goes Nuclear, FTC Signs Out, Crypto Influence, 35,000 Cyberattacks, China vs. Intel

Good morning A new survey from the Pew Research Center looks at smartphones in schools. Depending on your perspective, it's either completely shocking or not at all. Nearly 7 in 10 U.S. adults say they support a ban on middle and high school students using cell phones during class. Only 4 in 10 support a […]