Young, who worked out of San Francisco, was among Microsoft's top executives, named in regulatory filings alongside CEO Satya Nadella, President Brad Smith, Chief Financial Officer Amy Hood, Chief Commercial Officer Judson Althoff, Chief Marketing Officer Takeshi Numoto and Chief Human Resources Office Kathleen Hogan.
Dragged down by negative returns for shares of NVIDIA Corp. and American Express, the Dow Jones Industrial Average is falling Friday afternoon. Shares of NVIDIA Corp. and American Express have contributed to the blue-chip gauge's intraday decline,
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a record it set in July.
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years. The announcement came during a White House meeting with President Donald Trump, who called it the "largest AI infrastructure project in history."
Several high-profile figures, including billionaire Frank McCourt and former U.S. Treasury Secretary Steven Mnuchin, have expressed public interest in acquiring TikTok’s U.S. business. Trump also mentioned that he has had private discussions with “many people” regarding a potential deal.
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Jim Cramer, the host of Mad Money, recently shared his thoughts on the upcoming earnings season, emphasizing that investors should tread carefully and avoid making any big moves.
The Vanguard U.S. Momentum Factor ETF ( VFMO 0.09%) narrowly beat the S&P 500 in 2024. But it is already up 6.3% year to date as of Jan. 26, outperforming the S&P 500's 3.7% gain.
As TikTok faces a potential sale, US President Trump pushes for the US to own 50% in a joint venture. With Microsoft leading talks, a bidding war heats up, and new contenders emerge
DeepSeeks success challenges American policies aimed at maintaining an edge in AI and raises questions about the effectiveness of US export controls.
Microsoft attempted to make a bid on TikTok during Trump’s first time in the White House when he tried to ban the app.