Stock Market Update for May 29: Microsoft Surges as $37 Billion AI Revenue Rate Shows Cloud Expansion
Today’s changes (5.25%) $22.40 current price $449.39 Key data points Market capitalization $3.3 trillion daily range $432.36 -$449.80 52 week range $356.28 – $555.45 volume 3M average volume 34.3M gross profit 68.31% dividend yield 0.79% microsoft (MSFT +5.25%) The global software provider saw its stock rise by 5.45%, reaching $450.24 on Friday. This increase followed […]
Reasons Behind Today’s Rise in Microsoft Stock
Microsoft (NASDAQ: MSFT) saw a notable increase in its stock on Thursday, climbing by 3.4% as of 3:05 p.m. ET. During the same period, the S&P 500 and Nasdaq Composite rose by 0.5% and 0.6%, respectively. Earlier in the day, shares surged as much as 4.1%. Today’s performance seems to be fueled by positive analyst […]
FBI warns about phishing tool that takes Microsoft 365 accounts
The FBI has issued a warning regarding new hacking tools that allow cybercriminals to take over Microsoft 365 accounts—like Outlook, Teams, and OneDrive—while completely bypassing multi-factor authentication. Last week, the Bureau released a public service announcement about a phishing toolkit dubbed Kali365. This tool has been used to steal Microsoft 365 access tokens and infiltrate […]
Investigation requested on whether Biden officials gave Microsoft preferential treatment for favorable job opportunities.
Former officials from the Biden administration are facing allegations of overlooking cybersecurity failures by major tech companies, only to later secure lucrative positions or deals with those same firms. The National Accountability Foundation, which focuses on government oversight and research, has urged the Justice Department to investigate Microsoft and several officials from the Biden administration […]
Biden’s Deputy Attorney General Lisa Monaco Reported to DOJ for Alleged Microsoft Concealment
Allegations Against Lisa Monaco and Microsoft Investigation Lisa Monaco, who previously held a significant role in the Biden Justice Department, is facing scrutiny regarding her transition to a top position at Microsoft. A letter from the American Accountability Foundation suggests she may have concealed an investigation into cybersecurity issues at the tech company before assuming […]
Microsoft Increases by 4%, Stays Strong Despite NASDAQ Decline
Quick Read Microsoft (MSFT) shares saw a 4% increase today, reaching $424.65, even as the Nasdaq 100 experienced a 1% decline. This surge can be attributed to the company’s AI division, which generated $82.89 billion in revenue for Q3—an 18% rise compared to last year—and a 40% growth in Azure services, bringing an annual revenue […]
New AI partnership agreements established with Google, Microsoft, and xAI by the Trump administration
The Trump administration revealed on Tuesday that it has formed new agreements with major tech firms—Microsoft, Google’s DeepMind, and Elon Musk’s xAI—to bolster collaboration in the fields of research, artificial intelligence (AI), and security. As part of this initiative, the Center for AI Standards and Innovation (CAISI), which operates under the National Institute of Standards […]
Microsoft has finally addressed a persistent user complaint about Windows after 25 years.
New Windows Update Offers More Control for Users Windows PC users can finally see some long-awaited changes, courtesy of Microsoft. Recently, the Windows Insider blog announced that updates are being rolled out to address issues that have bothered users for over 25 years. The blog post mentioned that the main focus of these updates is […]
Stocks with the largest changes in after-hours trading: Alphabet, Microsoft, Amazon, Meta and others
Market Reactions Post Earnings Reports Here’s a summary of how some major companies performed after their latest earnings reports: Alphabet: Shares jumped nearly 7% after the tech giant announced first-quarter sales of $109.9 billion, surpassing the anticipated $107.2 billion, according to analysts from LSEG. Google Cloud’s revenue reached $20.02 billion, a 63% year-over-year increase, which […]
Microsoft Reduces Its Number of Skilled American Employees through Early Retirement Initiative
Microsoft’s New Buyout Program for Employees Microsoft has revealed a voluntary buyout initiative aimed at long-term employees in the U.S. The goal is to reduce salaries while avoiding layoffs, impacting thousands of seasoned staff members. According to an internal email reviewed by Business Insider, this early retirement program could involve around 8,750 employees, which equals […]