|Day's range||125.25 - 125.55|
The pound lost ground against the dollar on Tuesday, falling more than 0.2% to $1.24.
After a brutal 2022, the stock market is roaring in 2023, with the Nasdaq Composite up 26% and the S&P 500 up 11% year to date (YTD) at the time of this writing. Yet dig deeper and you'll find some peculiar price action in many well-known names.
Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.
Lumen (LUMN) is set to achieve its key financial objectives by investing in customer experience, optimizing sales and channel operations, and embracing innovation.
Microsoft's president met Britain's finance minister for talks on Tuesday and said he would try to work with regulators to seek UK approval for its $69 billion purchase of "Call of Duty" maker Activision Blizzard. British competition authorities blocked the takeover in April in a shock decision which jeopardises gaming's biggest-ever deal, drawing a furious response from the two groups who questioned whether the country remained open to tech firms. Microsoft has since appealed and its president, Brad Smith, met British finance minister Jeremy Hunt for talks in London on Tuesday, a government source said, without giving details.
Microsoft has paid $20m (£16.1m) to US regulators after the tech company wrongly collected biometric data from children using its Xbox games consoles.
Amid this economic upheaval, one thing is nearly certain: The businesses that lead the world into the coming age of AI stand to deliver fortunes to their shareholders. Microsoft (NASDAQ: MSFT) has become a powerhouse in the AI arena, due largely to its multibillion-dollar investment in ChatGPT-creator OpenAI. Microsoft has moved quickly to integrate OpenAI's highly regarded tech into its products and services.
Here’s some of the stocks currently dominating developments in artificial intelligence in 2023.
(Bloomberg) -- Cybersecurity experts are bracing for a potential wave of extortion demands after a vulnerability was discovered in encrypted file-sharing software, a flaw that hackers have already used to target a string of high-profile victims, including British Airways and the BBC.Most Read from BloombergUkraine Dam Blast Blamed on Russia Tips War Into New PhaseApple Headset Looks Sleek in Person But Battery Pack Stands OutApple’s $3,499 Vision Pro Headset Will Test Marketing MightSEC Sues Bin
WASHINGTON (Reuters) -Microsoft will pay $20 million to settle U.S. Federal Trade Commission (FTC) charges that the tech company illegally collected personal information from children without their parents' consent, the FTC said on Monday. The company had been charged with violating the U.S. Children's Online Privacy Protection Act (COPPA) by collecting personal information from children who signed up to its Xbox gaming system without notifying their parents or obtaining their parents' consent, and by retaining children's personal information, the FTC said in a statement.
Electric vehicles are set to become a $700 billion market by 2030, and the electric boat niche is a very fast-growing part of that market
Microsoft wants to make cybersecurity a team effort. The company wants to patent tech that detects when a device that's part of a...
Rubrik Inc, a U.S. cybersecurity software startup backed by Microsoft Corp and valued at $4 billion in a fundraising round two years ago, has hired banks for an initial public offering, four people familiar with the matter said. The Palo Alto, California-based company is working with Goldman Sachs, Barclays Plc and Citigroup Inc for its planned stock market flotation, said the sources, who requested anonymity because the discussions are confidential. Rubrik may raise more than $750 million in its IPO, three of the sources added, though that may change based on market conditions as the preparations are still at an early stage.
Access to its productivity software such as Word and Excel was down for nearly 18,000 users at its peak before easing to 906 at around 12:57 p.m. ET, according to Downdetector.com, which tracks internet outages. "We have resolved an issue preventing users from accessing some of our services," a Microsoft spokesperson said. Microsoft flagged the outage earlier by saying it was investigating an issue with accessing Outlook on the web and later added that Microsoft Teams, SharePoint Online and OneDrive for business were also impacted.
Microsoft (MSFT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Electronic Arts (EA) announces the worldwide launch of the latest installment of Super Mega Baseball 4.
After leading the three major indexes last year, the Dow Jones Industrial Average has been a laggard in 2023. Let's take a look at the three best performers in the blue chip index last month to see if any of them are worth buying today. In a month where tech stocks soared with the help of a blowout report from AI chip king Nvidia, it shouldn't be a surprise that a tech stock is leading the pack.
Companies deploying generative AI tools such as ChatGPT and Bard with the potential to generate disinformation should label such content as part of their efforts to combat fake news, European Commission deputy head Vera Jourova said on Monday. Unveiled late last year, Microsoft-backed OpenAI's ChatGPT has become the fastest-growing consumer application in history and set off a race among tech companies to bring generative AI products to market. Concerns however are mounting about potential abuse of the technology and the possibility that bad actors and even governments may use it to produce far more disinformation than before.
Uncover the stocks that are paving the way for the future of the internet. Don't get left behind when the Web3 revolution catches fire.
Up 10% and 52% in 2023, these stocks could prove why adding to your winners is an outperforming strategy.
Billionaires are scooping up shares of stocks that could profit enormously from the ongoing AI boom.
A new bull market for the Nasdaq Composite Index has been in sight for several months. In May, the index finally gained more than 20% from its previous bottom, meeting the commonly accepted definition of a bull market. There have been plenty of winners, with over one-third of the Nasdaq 100 stocks jumping by at least 20% so far this year.
Advanced Micro Devices (NASDAQ: AMD) has caught the attention of Wall Street this year, with its stock up 82% since Jan. 1. Investors have rallied as the company's potential in the future of artificial intelligence (AI) has strengthened. Here are three things about AMD that smart investors know.
Artificial intelligence was a hot topic when companies addressed investors on their most recent earnings calls.
Dividends and tech stocks don't often go together. Many tech companies are so focused on growth, that there isn't much cash left over at the end of the day to fund a dividend. In fact, if you're looking for a balance between growth and income, dividend-paying tech stocks are a great place to start.