Page 42 - Microsoft Corp News Today

TechPoint named its 2024 Mira Awards winners Friday night. The program, which honors achievements in Indiana’s tech sector, recognized 18 winners, including nine from the Indianapolis area.

US stocks bounced back strongly on Friday with the Nasdaq surging more than 2% with the Magnificent Seven tech giants providing a huge boost following strong results from Microsoft and Alphabet.

Alphabet Inc. closed decisively above a $2 trillion market capitalization for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence.

With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the music in markets was fading, and said it was time to get over the likes of the Magnificent Seven.

(Bloomberg) -- With the quarterly reporting season roughly half over, US corporate earnings have largely lived up to Wall Street’s optimistic expectations even as macroeconomic headwinds linger.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Reversing Markets Confound the ProsApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesThe Long, Slow Death of Urban NightlifeJavier Milei Fuels Wild Rally Tha...

All three major U.S. stock indexes rose this week. Earnings are once again poised drive the week ahead.

Nvidias CEO handpicked University of Toronto professor Sanja Fidler to head up its Toronto lab, catapulting her to AI stardom. Read more

Nvidias CEO handpicked University of Toronto professor Sanja Fidler to head up its Toronto lab, catapulting her to AI stardom. Read more

“Power demand from data centers has already been humongous, then came the AI hype and the need for power skyrocketed."

Round-up of South Korean financial markets: ** South Korean shares rose on Friday, and were set for their first weekly gain in five, as chip shares advanced following stellar earnings...