Previous close | 0.0200 |
Open | 0.0200 |
Bid | 0.0000 |
Ask | 0.0200 |
Strike | 525.00 |
Expiry date | 2024-06-21 |
Day's range | 0.0200 - 0.0200 |
Contract range | N/A |
Volume | |
Open interest | 373 |
Donald Trump traveled to Silicon Valley Thursday night and raised a reported $12 million from tech executives, a notable foray into a long-time Democratic stronghold.
The US Justice Department and the Federal Trade Commission are looking to investigate Nvidia, OpenAI, and Microsoft. According to a report from The New York Times, the DOJ will investigate Nvidia (NVDA) to see if it has violated antitrust laws, while the FTC will probe Microsoft's (MSFT) and OpenAI's actions. It comes as The Wall Street Journal reports the FTC is probing whether Microsoft structured a deal with Inflection AI in a way to intentionally avoid regulator scrutiny. A Microsoft spokesperson tells Yahoo Finance, "Our agreements with Inflection gave us the opportunity to recruit individuals at Inflection AI and build a team capable of accelerating Microsoft Copilot, while enabling Inflection to continue pursuing its independent business and ambition as an AI studio. We take our legal obligations to report transactions under the HSR Act seriously and are confident that we have complied with those obligations." Yahoo Finance legal reporter Alexis Keenan breaks down what the investigations could mean for the companies. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Stephanie Mikulich.
In the late ‘90s, amidst the frenzy of the dot-com boom, Wired magazine made a bold prediction that Bill Gates, the tech titan behind Microsoft, could soar to trillionaire status by 2005. The math seemed sound: Gates' stake in Microsoft, which had ballooned from $233.9 million at its IPO in 1986 to a staggering $72.2 billion by June 1999, was growing at a blistering rate of 58.2% annually. But reality took a different turn. Rather than holding onto every Microsoft share, Gates opted for a differ