Normal view

There are new articles available, click to refresh the page.
Today — 17 May 2024Yahoo! Finance: Microsoft News

Bill Gates Liquidated $1.7 Billion Of His Portfolio, Mirroring Buffett's Move To Stockpile Cash

17 May 2024 at 18:03
Bill Gates sold off a sizeable chunk of his portfolio last quarter, which could be seen as another bearish signal for the stock market and a move that mirrors Warren Buffett's recent decisions. Gates has reduced his position by an estimated $1.7 ...

Market drivers, GameStop, China's property push: Catalysts

17 May 2024 at 17:06
Markets (^DJI, ^IXIC, ^GSPC) hope to solidify gains seen during this trading week and close above recent milestones: the Dow Jones Industrial Average is in a back-and-fourth bout to stay above 40,000 as the S&P 500 teeters above the 5,300 mark. BMO Capital Markets Chief Investment Strategist Brian Belski joins Catalysts Anchors Seana Smith and Madison Mills to lay out what circumstances could propel the S&P 500 above 5,600 points. As GameStop (GME) shares tank and meme stock sentiments pull back at the end of this week, Wedbush Equity Research Managing Director Michael Pachter touches on the biggest competition and headwinds for the video game retailer going forward. The Chinese government has a new strategy to revitalize its drooping property and real estate sector. Yahoo Finance's Catalysts also cover other top stocks like Tesla (TSLA), Boeing (BA) as its annual shareholders meeting is underway, Applied Materials' earnings (AMAT), and Netflix's (NFLX) streaming deal with the NFL. This post was written by Luke Carberry Mogan.

Buy Microsoft, Analysts Say. It Has a ‘Treasure Chest of Gaming Gold.’

17 May 2024 at 16:54
Buy Microsoft stock for the company’s sizable opportunity in gaming, one Wall Street research firm says. Macquarie analysts led by Frederick Havemeyer boosted their price target to $475 from $460, raised estimates, and maintained an Outperform rating in a Thursday research report titled “World of Microsoft Gaming: Unveiling Microsoft’s treasure chest of gaming gold.” Microsoft stock was down 0.3% to $419.62 in late morning trading.

Heard on the Street: GameStop’s Game Woes Grow

17 May 2024 at 16:45
GameStop’s actual business may matter little to the meme stock investors who jumped back into the shares this week. As part of its fiscal fourth-quarter report late Thursday, video game publisher Take-Two Interactive said “Grand Theft Auto VI” is now expected to launch in the fall of 2025, nearly a year later than the company had seemed to project a year ago. Then, the Wall Street Journal reported Friday morning that Microsoft is planning to launch the next big “Call of Duty” installment over its Game Pass subscription service.

Microsoft's Game Pass is bad news for GameStop investors

17 May 2024 at 16:21
GameStop (GME) shares are sliding further as this past week's reinvigorated meme stock trade begins to wane and the retailer files to sell 45 million shares of its additional stock. Wedbush Equity Research Managing Director Michael Pachter comes on Catalysts to talk about GameStop's future — expecting further declines in the stock despite any messaging from X (formerly Twitter) user Roaring Kitty — and what Microsoft's (MSFT) Game Pass service could mean for the video game retailer. "The big news today, which is a Wall Street Journal exclusive speculation that Call of Duty will be on Game Pass," Pachter tells Yahoo Finance. "I can confidently tell you that anybody who's a Game Pass subscriber would be an idiot to buy Call of Duty. they won't. So Call of Duty sales will be lower this year, it wasn't on Game Pass last year." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.

Microsoft dodges UK antitrust scrutiny over its Mistral AI stake

17 May 2024 at 14:21
Microsoft won't be facing antitrust scrutiny in the U.K. over its recent investment in French AI startup, Mistral AI, with the country's Competition and Markets Authority (CMA) on Friday concluding that the partnership "does not qualify for investigation under the merger provisions of the Enterprise Act 2002." The decision comes three weeks after the CMA revealed a trio of early-stage probes into Amazon and Microsoft's various AI investments and partnerships, including the Redmond-based company'

Microsoft adds AMD AI chips to cloud computing products

17 May 2024 at 14:01
Microsoft (MSFT) announced it will begin offering Advanced Micro Device's (AMD) AI chips to cloud computing customers as an alternative to Nvidia's (NVDA) processors. Microsoft will be hosting its Build event next week, where it is expected to announce more details on the offering. Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest developments for Microsoft and AMD and what they could mean for the companies moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino

Microsoft to release next 'Call of Duty' game on subscription service, source says

17 May 2024 at 13:26
(Reuters) -Microsoft plans to release the coming installment of the "Call of Duty" videogame to its subscription service, in a departure from its longtime practice of only selling the title independently, a source familiar with the matter said on Friday. Microsoft did not immediately respond to a Reuters request for comment. The Wall Street Journal first reported the news on Friday.

UK watchdog decides not to investigate Microsoft's AI partnership with France's Mistral

17 May 2024 at 13:07
British regulators said Friday they don't need to open a competition investigation into Microsoft's partnership with French artificial intelligence company Mistral, a month after asking for industry feedback on the deal. Microsoft announced earlier this year that it was partnering with the buzzy French startup in a move that that could lessen the software giant’s reliance on ChatGPT-maker OpenAI for supplying the next wave of chatbots and other generative AI products. The Competion and Markets Authority said in a brief update that the tie-up “does not qualify for investigation" under U.K. merger rules.
❌
❌