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Microsoft Corp

Rubrik prices IPO at $32 per share, above the expected range

by Walter Watson
Rubrik prices IPO at  per share, above the expected range

Bipul Sinha, co-founder and CEO of data security software company Rubrik. Sinha previously backed cloud management company Nutanix. Greylock Partners Rubrik, a data-management software company backed by Microsoft, priced its …

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Elon Musk is keeping investors’ dreams of a Tesla robotaxi alive

by Horatio Thompson
Elon Musk is keeping investors’ dreams of a Tesla robotaxi alive

By just about every measure, Tesla’s first-quarter earnings report on Tuesday was dreary. The company missed estimates on the top and bottom lines. Revenue fell by 9% year over year, the …

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Microsoft, Amazon AI partnerships face scrutiny from British regulators

by Ron Morgan
Microsoft, Amazon AI partnerships face scrutiny from British regulators

A Microsoft logo seen displayed on a smartphone screen and Amazon logo in the background in Athens, Greece on October 5, 2023.  Nurphoto | Nurphoto | Getty Images British antitrust …

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Morgan Stanley says these 3 global stocks will benefit from Intel’s new AI chip

by Walter Watson
Morgan Stanley says these 3 global stocks will benefit from Intel’s new AI chip

The launch of Intel ‘s latest artificial intelligence chip is expected to benefit three global semiconductor companies, according to Morgan Stanley. Intel unveiled its third-generation AI accelerator, Gaudi 3 , …

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HashiCorp shares spike on report that IBM is in talks to buy company

by Walter Watson
HashiCorp shares spike on report that IBM is in talks to buy company

HashiCorp at the Nasdaq MarketSite on Dec. 9, 2021. Source: Nasdaq HashiCorp shares jumped as much as 26% on Tuesday following a media report claiming IBM was in talks to …

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CEO of world’s largest wealth fund says there’s a lot of froth

by Walter Watson
CEO of world’s largest wealth fund says there’s a lot of froth

The chief executive of Norway’s gigantic sovereign wealth fund on Tuesday said there is “clearly a lot of froth” in the tech sector, suggesting that whether there is too much …

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Big Tech keeps prioritizing AI as earnings approach

by Walter Watson
Big Tech keeps prioritizing AI as earnings approach

Sundar Pichai, chief executive officer of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, US, on Wednesday, April 3, 2024. Justin Sullivan | Getty Images …

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Mark Zuckerberg says Meta will offer its virtual reality OS to hardware companies

by Walter Watson
Mark Zuckerberg says Meta will offer its virtual reality OS to hardware companies

Meta will partner with external hardware companies, including Lenovo, Microsoft and Asus, to build virtual reality headsets using the company’s Meta Horizon operating system, the company said Monday. The move …

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PineBridge Global Focus Equity Fund’s Hinchliffe picks his top shares

by Walter Watson
PineBridge Global Focus Equity Fund’s Hinchliffe picks his top shares

Global stock markets may be coming under pressure from geopolitical tensions and sticky inflation — but one portfolio manager sees potential in several stocks. “There are always investment opportunities to …

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Stock futures rise slightly with S&P 500, Nasdaq on six-day losing streak

by Walter Watson
Stock futures rise slightly with S&P 500, Nasdaq on six-day losing streak

Stock futures pushed higher on Sunday evening as Wall Street looks to find its footing following a steep sell off for tech companies. Futures the S&P 500 rose 0.2%. Nasdaq …

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