Page 57 - Microsoft Corp News Today

“Market concentration has been very high, and positioning extended, which are typically red flags, at risk of a reversal.”

Design of new app could be a risk for users

The issuer weights companies based on data about employee satisfaction—not financial metrics.

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ATLANTA and REDMOND, Wash., April 23, 2024 /PRNewswire/ -- Microsoft Corp. and The Coca-Cola Company on Tuesday announced a five-year strategic partnership to align Coca-Colas core technology...

Elon Musks X is launching a TV app to enter the video and entertainment space, targeting platforms like YouTube. It will support casting from smartphones to smart TVs. Xs video-focused approach aims to attract advertisers and diversify revenue streams.

Markets rise as earnings season heats up

The chief executive of Norway's gigantic sovereign wealth fund on Tuesday said there is "clearly a lot of froth" in the tech sector.

(Bloomberg) — US equity futures wavered as the busiest week of the earnings season gathered momentum, with hopes for a sustained rally hinging on whether big tech can justify lofty valuations inspired by the artificial intelligence boom. Contracts on the S&P 500 and Nasdaq 100 erased modest gains to trade little changed after Wall Street’s…

(Bloomberg) — A rally in tech heavyweights lifted the broader stock market, with the group’s high-stakes earnings seen by Wall Street investors as a major test of the bull run in equities. Every member of the “Magnificent Seven” cohort of megacaps rose on Tuesday, rebounding after a selloff that sent the market to its worst…