Stock market today: Microsoft, Meta drag tech stocks lower on concerns over AI spending
Tech shares dropped on Thursday, led by mega-cap titans Microsoft and Meta. Investors were bracing for Amazon and Apple earnings after the bell.
Microsoft
Microsoft is still winning the cloud war against Google — but in AI, it's all to play for
Competition between the two old rivals is heating up when it comes to cloud and AI dominance.
Stock market today: Indexes drop as tech shares slide before Apple, Amazon earnings
Indexes fell for a second day on Thursday as investors reacted to the latest tech earnings and digested the Fed's preferred inflation gauge.
OpenAI is taking a page out of Big Tech's playbook by reportedly building its own chips
OpenAI is in talks with semiconductor firms Broadcom and TSMC to design and build its own AI chips, sources told Reuters.
Microsoft's new AI CEO rolled out his first big product update. Some staff and users say the previous version was better.
Mustafa Suleyman's new consumer AI group at Microsoft recently updated a Copilot app. Some employees and users are unhappy with the refresh.
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Microsoft discloses equity investment in OpenAI for the first time, SEC filing shows
Microsoft previously described its relationship with OpenAI as a partnership. Now, it's disclosed an equity investment in the startup.
Microsoft's massive AI bet continues to be a 'waiting game' for investors
Microsoft continued to ramp up its capital spending on AI, raising fresh questions about how long it can continue to pour huge sums into the tech.
Stock market today: Nasdaq closes at a record ahead of key tech earnings
Meta and Microsoft will report earnings on Wednesday, followed by Apple and Amazon on Thursday. The Nasdaq hit a fresh record at Tuesday's close.
Chanel CEO describes the ChatGPT fail that happened while visiting Microsoft headquarters
Chanel CEO Leena Nair discussed ChatGPT's awkward response to a prompt during a team visit to Microsoft. She spoke in an interview with Stanford GSB.
Stock market today: Indexes dip ahead of mega-cap tech earnings
Major indexes traded lower on Tuesday as traders awaited for a slew of earnings and economic data ahead of next week's Fed meeting.
Microsoft just ramped up its cloud rivalry with Google by accusing it of 'shadow campaigns'
Microsoft publicly accused Google of organizing an "astroturf group" to undermine its business and influence cloud regulation in Europe.
An ex-VP of HR at Microsoft shares how to conquer meeting bloat by 'ranking the room'
An ex-VP of HR at Microsoft says every meeting has participants ranked from one to five. Ones should never be invited.
Inside Amazon's nuclear ambitions, its 'Piano Man' project, and CEO Andy Jassy's support
Amazon is trying to use nuclear as a reliable, clean solution to meet AI's insatiable power demands. An internal document discloses new details.
Interview: Salesforce CEO Marc Benioff bashes Microsoft as generative AI heats up CRM fight
Microsoft has been slowly but steadily gaining share in Salesforce's key CRM-software market. Generative AI may be a new challenge.
Where Melinda French Gates spends her billions
Here's how Melinda French gates moved past her marriage with Bill Gates to head a philanthropic organization seeking to increase women's power.
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Amazon's AI data center dream runs into the reality of 'zombie' facilities, higher costs, and labor shortages
The cloud giant's predicament highlights broader tech industry challenges as generative AI upends the status quo
Marc Benioff says Microsoft rebranding Copilot as AI 'agents' shows they're in 'panic mode'
Salesforce CEO Marc Benioff criticized Microsoft for its AI-powered agents and compared Copilot to Clippy 2.0.
Big Tech is spending big on nuclear to power its AI ambitions. Here's where it's placing its bets.
Tech companies from Amazon to Google are betting on nuclear power to fuel the AI boom.
Salesforce CEO Marc Benioff slams Microsoft's Copilot again, calling it 'disappointing'
Benioff first compared Copilot to Clippy at Salesforce's Dreamforce conference last month and doubled down on the comment this week.
Chelsea Manning avoids Google and Microsoft — and says she prefers Apple products for cybersecurity
Chelsea Manning is the face of a new VPN called Nym. She's also speaking out about cybersecurity in general, saying she deems Apple products the best.