iHub News
4日前
Magnificent Seven shed $2.3 trillion in June as AI spending comes under closer scrutiny (MSFT)June 30, 2026 9:00 AM
IH Market News Investor sentiment shifts toward infrastructure costs The so-called “Magnificent Seven” technology stocks have collectively lost around $2.3 trillion in market value during June as investors reassessed the scale of artificial intelligence infrastructure spending by the sector’s largest companies. The group comprises Microsoft Corporation (NASDAQ:MSFT), Nvidia Corporation (NASDAQ:NVDA), Alphabet Inc. (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL), Meta Platforms Inc. (NASDAQ:META), Tesla Inc. (NASDAQ:TSLA) and Amazon.com Inc. (NASDAQ:AMZN). Amazon, Microsoft, Alphabet and Meta are investing hundreds of billions of dollars in semiconductors and data centre capacity to expand their AI capabilities, with part of that spending financed through debt. During June, Microsoft shares fell 20%, Nvidia declined about 13%, while Apple and Amazon each dropped roughly 8%. Markets await proof that AI investment will deliver returns Investors have become increasingly cautious as technology giants commit record sums to AI infrastructure, with many now looking to the upcoming second-quarter earnings season for evidence that those investments are translating into stronger financial performance. The reporting season, which begins in July, is expected to provide greater insight into whether the industry’s heavy capital expenditure is generating meaningful returns. Chipmakers continue to outperform While the largest technology companies have come under pressure, semiconductor stocks have continued to outperform. The Philadelphia Semiconductor Index advanced around 6% during June and has climbed more than 90% this year, compared with a 3.4% decline for the Magnificent Seven over the same period. Demand from major technology companies has continued to benefit semiconductor manufacturers, including Taiwan Semiconductor Manufacturing Co., Micron Technology Inc. and ASML Holding NV, with strong chip orders creating supply shortages throughout the industry. The resulting shortage of memory components has also driven prices higher, adding to supply chain constraints across the semiconductor market. Microsoft stock price Nvidia stock price Alphabet stock price Apple stock price Meta stock price Tesla stock price Amazon stock priceThe post Magnificent Seven shed $2.3 trillion in June as AI spending comes under closer scrutiny (MSFT) appeared first on US Editors. Original: Magnificent Seven shed $2.3 trillion in June as AI spending comes under closer scrutiny (MSFT)
US Market News
5日前
Candy Crush Turns NYC Into One Big Pregame with Free Candy Cabs for Soccer Season 2026June 29, 2026 11:00 AM
PR Newswire (US) Candy Crush is transforming NYC game-day travel with Candy Cabs, where riders can complete a Candy Crush Saga level to unlock a complementary ride.Soccer icon Alex Morgan is headlining Candy Crush's Soccer Season 2026, the annual in-game tournament that brings the "game between games" to life.Whether heading to a fan zone, watch party, or celebration, Candy Cabs keep fans playing long after they leave the stadium.NEW YORK, June 29, 2026 /PRNewswire/ --This Soccer Season, Candy Crush Saga® is taking game day beyond the stadium and onto the streets of New York City. Launching June 30, Candy Cabs are a fleet of interactive rides designed to turn travel time into play time, giving fans the chance to unlock complimentary rides simply by beating a Candy Crush Saga level before they reach their destination. Equipped with in-cab tablets featuring live gameplay, Candy Cabs transform every trip into a high-stakes challenge and the ultimate "game between the games." Whether heading to a fan zone, sports bar, watch party, or post-match celebration, fans can keep the excitement going from kickoff to the final whistle—all while enjoying one of the world's most beloved mobile games.Although soccer matches only last around 90 minutes, game day excitement lasts way longer for U.S. fans. More than half (52%) say their experience begins hours before the first whistle¹, with anticipation building before kickoff. And those in-between moments are already moments of play: 27% are playing games on their phones in transit, and nearly as many (23%) jump back in at halftime, proving the journey is just as electric as the match itself. That's exactly where Candy Cabs come in. Turning every ride, wait, and pause into a chance to play, match, and win along the way.The Candy Cab ExperienceBook your spot: Scan the QR code on Candy Crush fly posters or Candy Cab vehicles around Manhattan to reserve your slot.Play for your ride: Once you're in, complete a Candy Crush level on the in-cab tablet before you arrive. Beat it and the ride's free.Get there: Your Candy Cab picks you up at Cooper Classic Cars in Greenwich Village and drops you at either Hudson Yards Public Square & Gardens or Hair of the Dog (168 Orchard St)."Game day isn't just about the match- it's about everything that leads up to it. Candy Crush has always made those in-between moments more fun, and with Candy Cabs we're bringing that spirit to life in a way only Candy Crush can—turning the ride to the game into part of the game itself." — Luken Aragon, Chief Marketing Officer, King.Candy Cabs are part of Candy Crush's broader Soccer Season celebration, a limited-time in-game event that brings the excitement of the sport directly into the game. Since June 9, players have been collecting Blue Candies, climbing competitive leagues, and competing for exclusive rewards alongside soccer legend Alex Morgan, who encourages fans to embrace this season's tournament as the ultimate "game between games"."Every athlete knows the game-day experience starts long before kickoff. The journey there, the anticipation, the energy building around you—it's all part of what makes sports so special. Candy Crush has been one of my favorite ways to pass the time between matches, so seeing the game come to life around Soccer Season feels like a full circle moment for me." — Alex Morgan, two-time FIFA Women's World Cup Champion.Scan. Ride. Play. Follow the experience and explore every colorful match day moment by visiting Candy Crush on Instagram and TikTok at @CandyCrushSaga or online at candycrushsaga.com. Candy Crush Saga® is free to download on iOS and Android. For more information, visit candycrushsaga.com.About Candy Crush Saga
Candy Crush Saga® is one of the world's most popular mobile games. Millions of players around the globe match colorful candies in combinations of three or more to win points, defeat obstacles, and progress through more than 20,000 levels. In November 2022, Candy Crush Saga celebrated its 10-year anniversary. Candy Crush Saga is available to download for free from the Apple App Store, Google Play, Amazon App Store, Windows App Store and Facebook.About King
With a mission of Making the World Playful, King is a leading interactive entertainment company for the mobile world with more than 20 years of history of delivering some of the world's most iconic games in the mobile gaming industry, including the world-famous Candy Crush franchise, as well as other mobile titles such as Farm Heroes Saga. King games are played by more than 200 million monthly active users. King, part of Microsoft (NASDAQ: MSFT), has Kingsters in Stockholm, Malmö, London, Barcelona, Berlin, Dublin, San Francisco, New York, Los Angeles and Malta. More information can be found at King.com or by following us on LinkedIn and @lifeatking on Instagram.¹Source: Atomik Research survey of 1,000 U.S. sports fans aged 18–40, commissioned by Manifest on behalf of Candy Crush; June 2026 View original content to download multimedia:https://www.prnewswire.com/news-releases/candy-crush-turns-nyc-into-one-big-pregame-with-free-candy-cabs-for-soccer-season-2026-302813339.htmlSOURCE Candy Crush Saga Original: Candy Crush Turns NYC Into One Big Pregame with Free Candy Cabs for Soccer Season 2026
iHub News
1週前
Consider Raising Cash While Markets Remain ResilientJune 26, 2026 7:00 AM
IH Market News If the U.S.-Iran memorandum of understanding remains intact and the Strait of Hormuz reopens as planned, risk assets such as equities, industrial metals and gold may continue to benefit from positive momentum over the coming weeks. In that environment, investors may want to consider using market strength as an opportunity to gradually increase cash holdings and reduce overall portfolio risk. While this approach could result in some missed upside if markets continue to advance, it would also provide greater protection against a potential correction and leave investors better positioned to take advantage of future buying opportunities. Selling into strength can often make it easier to redeploy capital when valuations become more attractive. Liquidity Conditions Remain a Key Concern The broader challenge facing financial markets is that liquidity appears to be weakening at a time when inflation remains high enough to limit the ability of central banks to aggressively ease monetary policy. Several major central banks are either maintaining restrictive policies or continuing to tighten financial conditions. At the same time, signals from both gold and cryptocurrency markets have been pointing to a gradual deterioration in global liquidity trends. Another factor drawing liquidity away from financial assets is the growing wave of large-scale capital spending and public offerings. Capital Is Moving From Financial Assets to Real-World Investment Large IPOs and infrastructure spending programmes effectively redirect capital away from financial markets and toward physical investment. One example is the SpaceX (NASDAQ:SPCX) initial public offering, which transferred approximately $75 billion from investors to the company. Those funds are expected to be deployed into projects such as data centres, launch systems and other infrastructure. A similar dynamic is occurring across the technology sector as companies including Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Oracle (NYSE:ORCL) and Amazon (NASDAQ:AMZN) prioritise AI-related capital expenditures over share repurchases. As a result, money that might otherwise have supported financial asset prices is increasingly being directed toward real-economy investment. Markets May Already Reflect an Optimistic Middle East Outcome Another consideration is that investors may have largely priced in a favourable outcome regarding tensions in the Middle East. If that is the case, markets could be more vulnerable to negative surprises than positive ones, particularly if geopolitical developments fail to progress as expected. Long-Term Commodity Outlook Remains Positive While caution may be warranted in the near term, the outlook for industrial commodities over the next one to two years remains constructive. An often-overlooked aspect of the U.S.-Iran agreement is the potential creation of a privately funded $300 billion development programme aimed at rebuilding Iran and accelerating its integration into the global economy. If implemented, the initiative could generate substantial new demand for a wide range of industrial commodities. Although this part of the agreement has attracted criticism in some quarters, supporters argue that increased trade, investment and economic integration could help reduce the likelihood of future conflict by strengthening ties between Iran and the broader global economy. SpaceX stock price Microsoft stock price Alphabet stock price Meta stock price Oracle stock price Amazon stock price The post Consider Raising Cash While Markets Remain Resilient appeared first on US Editors. Original: Consider Raising Cash While Markets Remain Resilient
US Market News
2週前
MSFT Deadline Alert: The Gross Law Firm Reminds Microsoft Corporation (MSFT) Investors of Securities Class Action Deadline on August 11, 2026June 23, 2026 10:02 AM
PR Newswire (US) NEW YORK, June 23, 2026 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Microsoft Corporation (NASDAQ: MSFT). Shareholders who purchased shares of MSFT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/microsoft-corporation-loss-submission-form/?id=189542&from=4CLASS PERIOD: May 1, 2025 to January 28, 2026ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (a) Microsoft's Copilot family of products had experienced significant brand positioning, user experience, usage, data siloing, computational capacity, organizational, and interoperability problems; (b) Microsoft's flagship proprietary AI model ranked well below competitors on a number of benchmark tests; (c) Microsoft needed to increase by billions of dollars its capital expenditures and divert GPU and CPU capacity away from fulfilling demand for its profitable Azure services in order to improve the competitive positioning of its critical Copilot family of products and increase its AI-related R&D; and (d) as a result of (a)-(c) above, Microsoft had failed to convert a significant percentage of its commercial Microsoft 365 users to paid Copilot subscriptions and the Company's Copilot offerings had lost market share to rival products, a trend that was increasing.DEADLINE: August 11, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/microsoft-corporation-loss-submission-form/?id=189542&from=4NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of MSFT during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 11, 2026. There is no cost or obligation to you to participate in this case.WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg @bback View original content to download multimedia:https://www.prnewswire.com/news-releases/msft-deadline-alert-the-gross-law-firm-reminds-microsoft-corporation-msft-investors-of-securities-class-action-deadline-on-august-11-2026-302807619.htmlSOURCE The Gross Law Firm Original: MSFT Deadline Alert: The Gross Law Firm Reminds Microsoft Corporation (MSFT) Investors of Securities Class Action Deadline on August 11, 2026
US Market News
2週前
MSFT Class Notice: Microsoft Investors that Suffered Losses are Notified of the Imminent August 11 Securities Class Action DeadlineJune 23, 2026 6:51 AM
PR Newswire (US) A securities fraud class action lawsuit has been filed on behalf of Microsoft investors after its stock plummeted 10% because Microsoft allegedly misled investors regarding its AI chatbot Copilot and cloud computing platform Azure.NEW YORK, June 23, 2026 /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Microsoft Corporation (NASDAQ:MSFT) and certain of the Company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws. If you invested in Microsoft, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit.Key Details of the Microsoft ($MSFT) Class Action:Lead Plaintiff Deadline: August 11, 2026Alleged Misconduct: Securities fraud alleging that Microsoft misled investors regarding its Azure cloud computing platform and AI chatbot CopilotStock Drop: January 28, 2026 – 10% Stock DropCourt: U.S. District Court for the Western District of WashingtonAction: Contact BFA Law to discuss your rightsInvestors have until August 11, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Microsoft common stock. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned City of St. Clair Shores Police and Fire Retirement System, et al., No. 26-cv-02071.Why is Microsoft Being Sued for Securities Fraud? Microsoft is a multinational technology company that develops software, cloud services, and devices. In recent years, Microsoft's cloud computing platform named Azure has been Microsoft's main growth driver. A key reason for Azure's recent growth is Microsoft's multi-billion-dollar investment into AI, including the development of its own generative AI chatbot named Copilot. According to the complaint, during the relevant period, Microsoft consistently touted Copilot's best-in-class capabilities, which purportedly drove widespread and growing user adoption. Copilot's apparent success allowed Microsoft to report surging Azure-related revenue.As alleged, in truth, Copilot suffered from severe functionality issues that caused user adoption to decline and put Microsoft's Azure revenue at risk.Why did Microsoft's Stock Drop?On January 28, 2026, Microsoft announced disappointing 2Q 2026 financial results and that Azure growth had slowed suddenly. Microsoft also allegedly revealed for the first time that the number of Microsoft 365 Copilot premium customers totaled only 15 million, materially below analyst estimates.This news caused the price of Microsoft common stock to decline $48.13 per share, or 10%, from $481.63 per share on January 28, 2026, to $433.50 per share on January 29, 2026. Additionally, on February 3, 2026, The Wall Street Journal reported in an article titled "Microsoft's Pivotal AI Product Is Running Into Big Problems" that severe challenges and functionality issues had plagued Copilot, causing the application to lose market share. Specifically, The Wall Street Journal reported that "[c]onfusing brand positioning and interoperability problems have frustrated users."Click here for more information: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit.What Can You Do?If you invested in Microsoft, you may have legal options and are encouraged to submit your information to the firm.All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.Submit your information by visiting:https://www.bfalaw.com/cases/microsoft-class-action-lawsuitWhy Bleichmar Fonti & Auld LLP?BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.For more information about BFA and its attorneys, please visit https://www.bfalaw.com.https://www.bfalaw.com/cases/microsoft-class-action-lawsuitAttorney advertising. Past results do not guarantee future outcomes. View original content to download multimedia:https://www.prnewswire.com/news-releases/msft-class-notice-microsoft-investors-that-suffered-losses-are-notified-of-the-imminent-august-11-securities-class-action-deadline-302806941.htmlSOURCE Bleichmar Fonti & Auld LLP Original: MSFT Class Notice: Microsoft Investors that Suffered Losses are Notified of the Imminent August 11 Securities Class Action Deadline
US Market News
2週前
SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of August 11, 2026 in Microsoft Corporation Lawsuit - MSFTJune 18, 2026 10:07 AM
PR Newswire (US) Important Information Regarding Section 20(a) Individual Liability Claims Against Four Microsoft Executives Who Allegedly Signed Off on Misleading AI StatementsNEW YORK, June 18, 2026 /PRNewswire/ -- SueWallSt notifies investors in Microsoft Corporation (NASDAQ: MSFT) that four senior executives are named as individual defendants in a securities class action alleging they personally controlled the false and misleading statements that inflated MSFT shares above $550 during the Class Period. Find out if you qualify to recover losses. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or (888) SueWallSt. The lawsuit, filed in the United States District Court for the Western District of Washington, covers purchasers of Microsoft securities between May 1, 2025 and January 28, 2026. The complaint asserts claims under Section 10(b) and Section 20(a) of the Securities Exchange Act of 1934, naming the Company and four officers who allegedly directed, approved, or ratified materially misleading public statements about Microsoft's AI initiatives and Copilot product family. Investors have until August 11, 2026 to seek lead plaintiff status.The Named Individual DefendantsThe action identifies the following officers as controlling persons:Satya Nadella, CEO and Chairman of the Board, who allegedly proclaimed Copilot offered "best-in-class" capabilities and touted Azure AI infrastructure as "obviously at scale" while concealing significant operational deficienciesAmy E. Hood, CFO and Executive Vice President, who co-signed SEC filings attesting to accuracy and completeness while allegedly omitting material adverse facts about Copilot adoption and AI return on investmentJared Spataro, Chief Marketing Officer, AI at Work, who allegedly told investors "70% of the Fortune 500 are using Copilot in a pretty extensive way" without disclosing brand positioning and interoperability failures. This figure later increased to an alleged 90%.Rajesh Jha, Executive Vice President, Experiences and Devices, who allegedly claimed the competitive "gap is very significant and growing" in Copilot's favor while aware of data siloing and user experience problems. Jha announced his retirement in March 2026 after more than 35 yearsSarbanes-Oxley Certification ObligationsThe complaint charges that Nadella and Hood signed quarterly and annual reports on Forms 10-Q and 10-K filed with the SEC, personally certifying under Sections 302 and 906 of the Sarbanes-Oxley Act that those filings were accurate and materially complete. The pleading asserts these certifications were false because the filings failed to disclose that Copilot suffered from significant brand positioning, user experience, usage, data siloing, computational capacity, organizational, and interoperability problems.Section 20(a) Control Person FrameworkSection 20(a) of the 1934 Act imposes liability on individuals who "controlled" a company that violated federal securities laws. The complaint alleges each Individual Defendant was directly involved in management and day-to-day operations at the highest levels, was privy to confidential information, and participated in drafting, reviewing, or disseminating the alleged misstatements. Each defendant allegedly had the ability to prevent issuance of the false statements or cause them to be corrected."Corporate officers have a duty to ensure their companies' public statements are accurate and complete. When officers sign SEC certifications and make representations at investor conferences, they bear personal responsibility for the truthfulness of those disclosures." -- Joseph E. Levi, Esq.Scienter AllegationsThe action contends that each defendant knew or recklessly disregarded that Microsoft's public statements painted a misleading picture of Copilot's success and AI investment returns. The complaint points to the defendants' senior positions, their direct involvement in AI strategy, their access to internal data on Copilot adoption and performance, and their participation in earnings calls and investor conferences where the alleged misrepresentations were made.Submit your information to join the recovery or call Joseph E. Levi, Esq. at (888) SueWallSt.ABOUT SUEWALLST -- Over the past 20 years, SueWallSt has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, SueWallSt has ranked in ISS Securities Class Action Services' Top 50 Report.Frequently Asked Questions About the MSFT LawsuitQ: Who are the defendants named in the MSFT lawsuit? A: The complaint names Microsoft Corporation and individual defendants including CEO Satya Nadella, CFO Amy E. Hood, CMO AI at Work Jared Spataro, and EVP Experiences and Devices Rajesh Jha, all of whom signed SEC filings, made public statements, or certified financial disclosures under Sarbanes-Oxley.Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.Q: What is the MSFT lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is August 11, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date.Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.Q: Who is eligible to join the MSFT investor lawsuit? A: Investors who purchased MSFT stock or securities between May 1, 2025 and January 28, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.Q: What if I already sold my MSFT shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.Q: How do I know if I lost enough money to be the lead plaintiff? A: There is no minimum loss threshold. Courts appoint the investor with the largest provable loss who is willing and able to represent the class adequately. Contact SueWallSt before August 11, 2026 to evaluate.CONTACT:
SueWallSt
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi @Icons1 View original content to download multimedia:https://www.prnewswire.com/news-releases/suewallst-reminds-shareholders-of-a-lead-plaintiff-deadline-of-august-11-2026-in-microsoft-corporation-lawsuit---msft-302803928.htmlSOURCE SueWallSt.com Original: SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of August 11, 2026 in Microsoft Corporation Lawsuit - MSFT
US Market News
2週前
MSFT Breaking News: Microsoft Corporation Sued for Securities Fraud after Functionality Issues with Copilot Lead to 10% Stock Drop – Investors Notified to Contact BFA LawJune 18, 2026 5:46 AM
Business WireA securities fraud class action lawsuit has been filed on behalf of Microsoft investors after its stock plummeted 10% because Microsoft allegedly misled investors regarding its AI chatbot Copilot and cloud computing platform Azure.Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Microsoft Corporation (NASDAQ:MSFT) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.If you invested in Microsoft, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit.Key Details of the Microsoft ($MSFT) Class Action:Lead Plaintiff Deadline: August 11, 2026Alleged Misconduct: Securities fraud alleging that Microsoft misled investors regarding its Azure cloud computing platform and AI chatbot CopilotStock Drop: January 28, 2026 – 10% Stock DropCourt: U.S. District Court for the Western District of WashingtonAction: Contact BFA Law to discuss your rightsInvestors have until August 11, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Microsoft common stock. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned City of St. Clair Shores Police and Fire Retirement System, et al., No. 26-cv-02071.Why is Microsoft Being Sued for Securities Fraud?Microsoft is a multinational technology company that develops software, cloud services, and devices. In recent years, Microsoft’s cloud computing platform named Azure has been Microsoft’s main growth driver. A key reason for Azure’s recent growth is Microsoft’s multi-billion-dollar investment into AI, including the development of its own generative AI chatbot named Copilot.According to the complaint, during the relevant period, Microsoft consistently touted Copilot’s best-in-class capabilities, which purportedly drove widespread and growing user adoption. Copilot’s apparent success allowed Microsoft to report surging Azure-related revenue.As alleged, in truth, Copilot suffered from severe functionality issues that caused user adoption to decline and put Microsoft’s Azure revenue at risk.Why did Microsoft’s Stock Drop?On January 28, 2026, Microsoft announced disappointing 2Q 2026 financial results and that Azure growth had slowed suddenly. Microsoft also allegedly revealed for the first time that the number of Microsoft 365 Copilot premium customers totaled only 15 million, materially below analyst estimates.This news caused the price of Microsoft common stock to decline $48.13 per share, or 10%, from $481.63 per share on January 28, 2026, to $433.50 per share on January 29, 2026.Additionally, on February 3, 2026, The Wall Street Journal reported in an article titled “Microsoft’s Pivotal AI Product Is Running Into Big Problems” that severe challenges and functionality issues had plagued Copilot, causing the application to lose market share. Specifically, The Wall Street Journal reported that “[c]onfusing brand positioning and interoperability problems have frustrated users.”Click here for more information: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit.What Can You Do?If you invested in Microsoft, you may have legal options and are encouraged to submit your information to the firm.All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.Submit your information by visiting:https://www.bfalaw.com/cases/microsoft-class-action-lawsuitOr contact:
Adam McCall
adam@bfalaw.com
212.789.3619Why Bleichmar Fonti & Auld LLP?BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.For more information about BFA and its attorneys, please visit https://www.bfalaw.com.https://www.bfalaw.com/cases/microsoft-class-action-lawsuitAttorney advertising. Past results do not guarantee future outcomes.View source version on businesswire.com: https://www.businesswire.com/news/home/20260618442953/en/Adam McCall
adam@bfalaw.com
212.789.3619 Original: MSFT Breaking News: Microsoft Corporation Sued for Securities Fraud after Functionality Issues with Copilot Lead to 10% Stock Drop – Investors Notified to Contact BFA Law
US Market News
3週前
FROM SMARTPHONE TO PODIUM: CANDY CRUSH ALL STARS CROWNS ITS 2026 CHAMPION FOLLOWING MONTHS OF COMPETITIONJune 12, 2026 10:00 AM
PR Newswire (US) Candy Crush All Stars crowned its 2026 Champion. Luana from Brazil emerged victorious, amongst millions of players worldwide who competed for a coveted spot in the Live FinalOne of the biggest All Stars Live Final yet brought together finalists from the United States, Brazil, Germany, Spain, and beyond, in London to compete on stage for a share of the $1 million prize pool and a custom Icebox championship ringA brand-new bonus round added an extra layer of excitement to the Live Final, with one player winning an additional $10,000 in the tournament's fastest-paced challenge yetLONDON, June 12, 2026 /PRNewswire/ -- What started on a phone screen ended on a live stage in London. Candy Crush All Stars has crowned its 2026 Champion. Luana from Bahia, Brazil claimed the title in the Live Final, after competing against millions of players from across the globe, emerging victorious at the tournament's biggest-ever Live Final in London. She takes home a share of $1 million and a custom Candy Crush-inspired championship ring from Icebox, a multicoloured showpiece set with sapphires, rubies, emeralds and pink sapphires crafted into the game's most iconic shapes, from Colorbombs and clusters to red Candies brought to life in stone. At its centre, a spinning blue Wrapped Candy dome that's as playful as the game itself, with the Candy Crush Saga name etched in gold along the band. Luana barely waited for the moment to sink in before she had the ring on her finger, a one-of-a-kind piece designed just for this moment and for the player who earned it.The Live Final marked a major evolution for the competition, transforming what began as everyday mobile play into a full-scale live spectacle. Finalists from the United States, Brazil, Germany, Spain, and beyond, competed on stage in front of fans, family, and media. For the first time, the Live Final introduced a bonus round - a fast-paced, high-intensity challenge that pushed players to their limits in a way the competition has never seen before - with the winner of that bonus round walking away with an additional $10,000.The Live Final brought together an extraordinary group of competitors, reflecting the scale and diversity of the Candy Crush community. Players travelled from across the globe to compete in London, including Ingrid and German, a husband and wife duo from California's Bay Area, who both advanced to the final stage of the tournament independently, turns out two of the world's best Candy Crush players have been sharing a household all along.After weeks of competition spanning 25 countries and millions of other Candy Crush players to secure a spot at the Live Final, Luana, an art student from Bahia, Brazil, ultimately claimed the championship title in the Live Final, becoming the Candy Crush All Stars 2026 Champion."I started playing Candy Crush a while back, it was just something I loved to do, a game that always made small moments fun. I never imagined it would one day take me to a live stage in London to compete against the best players in the world. To come home as the Candy Crush All Stars 2026 Champion is something I will carry with me. I am so incredibly proud," said Luana, Candy Crush All Stars 2026 Champion."At King, we've always believed that casual games can create moments of real skill, connection and joy at a huge scale. All Stars brings that to life in a way that only Candy Crush can. Seeing the finalists bring their passion and talent to a live stage in London to compete at such a high level is a powerful reminder of what makes our community so special. This tournament was built for our players, and they continue to surprise and inspire us," said Todd Green, President at King.With millions of players competing worldwide for a spot in the All Stars Live Final, and the Live Final returning to London at its most ambitious scale yet, Candy Crush continues to demonstrate the enduring appeal of shared play on a global scale. More than a decade after launch, the game remains one of the world's most-loved mobile entertainment experiences, bringing joy to millions of players every day.Candy Crush Saga® is free to download on iOS and Android. For more information, visit candycrushsaga.com.*Candy Crush All Stars Tournament was held in London in 2021 on an intimate scale. About Candy Crush Saga
Candy Crush Saga® is one of the world's most popular mobile games. Millions of players around the globe match colorful candies in combinations of three or more to win points, defeat obstacles, and progress through more than 20,000 levels. In November 2022, Candy Crush Saga celebrated its 10-year anniversary. Candy Crush Saga is available to download for free from the Apple App Store, Google Play, Amazon App Store, Windows App Store and Facebook.About King
With a mission of Making the World Playful, King is a leading interactive entertainment company for the mobile world with more than 20 years of history of delivering some of the world's most iconic games in the mobile gaming industry, including the world-famous Candy Crush franchise, as well as other mobile titles such as Farm Heroes Saga. King games are played by more than 200 million monthly active users. King, part of Microsoft (NASDAQ: MSFT), has Kingsters in Stockholm, Malmö, London, Barcelona, Berlin, Dublin, San Francisco, New York, Los Angeles and Malta. More information can be found at King.com or by following us on LinkedIn, @lifeatking on Instagram. View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/from-smartphone-to-podium-candy-crush-all-stars-crowns-its-2026-champion-following-months-of-competition-302799025.html Original: FROM SMARTPHONE TO PODIUM: CANDY CRUSH ALL STARS CROWNS ITS 2026 CHAMPION FOLLOWING MONTHS OF COMPETITION
BottomBounce
4週前
$MSFT $PLUG 🔌 Top 10 Reasons to Be Bullish on $PLUG for Data Centers & AI Power Demand
1. AI power demand is exploding
Hyperscalers (Amazon, Microsoft, Google) are doubling and tripling power needs. Hydrogen fuel cells are being evaluated as clean, scalable backup and prime power.
2. Diesel generators are becoming unacceptable
Data centers want to eliminate diesel for ESG, permitting, and emissions reasons. Hydrogen fuel cells are one of the only viable replacements.
3. Plug is one of the few companies with MW-scale fuel cell systems
Plug already deploys multi-megawatt stationary fuel cell systems, the scale required for data centers.
4. Hydrogen solves the grid-capacity bottleneck
AI data centers are running into grid shortages. Hydrogen allows off-grid or grid-supplemented power — a major advantage.
5. Plug’s electrolyzers enable on-site hydrogen production
Hyperscalers want on-site hydrogen to avoid trucking and supply risk. Plug is one of the only companies offering electrolyzers + fuel cells + storage.
6. Hyperscalers already use hydrogen pilots
Microsoft, Amazon, and Equinix have all tested hydrogen fuel cells. Plug is a leading supplier in these early deployments.
7. Plug’s vertical integration lowers cost per kg
Plug controls electrolyzers, liquefaction, logistics, and fuel cells — giving it a cost advantage as hydrogen scales for data centers.
8. AI workloads need 24/7 clean power
Hydrogen fuel cells provide continuous, zero-emission power, unlike solar/wind which are intermittent.
9. Government incentives favor hydrogen for large power loads
U.S. 45V hydrogen tax credits and global hydrogen subsidies make hydrogen financially competitive for data center power.
10. Plug is already in discussions with hyperscalers
Plug has publicly stated it is working with major data center operators on hydrogen power solutions — a massive potential market.
US Market News
4週前
NHS England accelerates AI adoption with Microsoft 365 Copilot to improve service delivery, reduce costs and create more time for careJune 8, 2026 8:00 AM
PR Newswire (US) NHS England to roll out Microsoft 365 Copilot to 505,000 clinicians and support staff in largest implementation of its kind in the healthcare sectorNew agreement follows initial trial across 30,000 NHS workers, which found that using Copilot saved users 43 minutes on administration per day, enabling health workers to focus more time on careAgreement includes access to Copilot Studio, enabling NHS England to build and deploy AI agents to streamline existing processes with governance provided through Agent 365Deployment will be supported by extensive adoption and AI skilling program to ensure all NHS staff with access to Copilot can take full advantage of the benefits it deliversLONDON, June 8, 2026 /PRNewswire/ -- NHS England on Sunday announced that it is significantly accelerating AI adoption across healthcare services by providing 505,000 clinicians and support staff with access to Microsoft 365 Copilot. By providing access to the AI-powered assistant, NHS workers will be able to streamline administrative processes, improving capacity across NHS England Trusts, reducing costs and providing more time for patient care.Copilot helps users create, analyze and get work done faster. NHS England anticipates that Copilot will be harnessed in multiple ways across all aspects of the healthcare service, including:Ward clerks: Helping with patient discharge processes, service data analysis, rota building and bed managementMedical secretaries: Helping with meeting minutes and creating templates for consistencyCore services: Assisting HR, finance and procurement functionsManagement: Helping draft board papers, briefings, organizational analysisAs part of the agreement, NHS organizations will also have access to Copilot Studio, enabling teams to build agents to automate and streamline workflows, reducing the time it takes to conduct research, analyze data, address HR-related enquiries or facilitate meetings.NHS England will be able to build and deploy agents centrally, while individual trusts will be able to build custom agents to solve trust-specific challenges, such as reducing help desk burdens, accelerating complaints and freedom of information requests, or improving financial analysis and processing. Agent 365 will ensure that all built agents are fully secure and adhere to all organizational policies and rules.The agreement follows the largest AI trial of its kind globally in healthcare, which provided more than 30,000 NHS workers across 90 NHS organizations with access to Microsoft 365 Copilot. It found that AI-powered administrative support could save on average 43 minutes per staff member per day, equating to five weeks of time per person annually. Results from the trial showed that a full rollout of Microsoft 365 Copilot could save millions of hours every year.Health Innovation and Safety Minister, Preet Kaur Gill, said: "Technology should support our NHS staff, not slow them down. Every day, doctors, nurses and other healthcare professionals spend valuable time on administrative tasks that take them away from patients. By rolling out Microsoft Copilot across the NHS, we can reduce that burden, free up clinicians' time and help staff focus on what they do best — caring for patients."This government is putting innovation to work for patients: helping staff work more efficiently, improving productivity and supporting a modern NHS that delivers better care, faster access to treatment and better value for taxpayers."Rob Thompson, Chief Digital, Data and Technology Officer at NHS England, said: "NHS England wants to embrace cutting-edge technology, and this Microsoft partnership will mean staff can be freed from admin so they can focus on what they want to be doing — treating patients. Innovations like this will help drive NHS productivity so patients can get the treatment they need sooner and there is better value for taxpayers. "The potential to save clinical staff nearly a day's worth of admin time every fortnight could be a gamechanger for patients. We're making sure every pound is spent on cutting waiting times and boosting care through the Plan for Change and 10 Year Health Plan." Darren Hardman, CEO, Microsoft UK & Ireland, commented: "By rolling out Microsoft 365 Copilot at scale, NHS teams can cut through everyday admin and spend more time where it matters most. Bringing AI safely into the flow of healthcare will help ease pressures, improve productivity and support better decision-making across the health service. We're proud to work with NHS England to help tackle some of its biggest challenges and accelerate digital transformation for the benefit of staff and patients alike."The deployment will be supported by a robust 12-month onboarding plan, with a rapid scale-up of 200,000 users within the first six months. An extensive training and adoption program will also ensure all NHS workers with access to Copilot and AI agents can take full advantage of the benefits they deliver.Microsoft (Nasdaq "MSFT" @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more. View original content to download multimedia:https://www.prnewswire.com/news-releases/nhs-england-accelerates-ai-adoption-with-microsoft-365-copilot-to-improve-service-delivery-reduce-costs-and-create-more-time-for-care-302793352.htmlSOURCE Microsoft Corp. Original: NHS England accelerates AI adoption with Microsoft 365 Copilot to improve service delivery, reduce costs and create more time for care
iHub News
1月前
Microsoft Unveils AI-Centric Computing Vision with New Devices, Models and Enterprise Tools (MSFT)June 3, 2026 6:25 AM
IH Market News Microsoft (NASDAQ:MSFT) used its annual Build developer conference to outline an expansive artificial intelligence strategy, introducing new hardware, software and AI capabilities designed to accelerate the shift toward agent-driven computing. At the event in San Francisco, the technology giant presented a range of initiatives spanning AI-powered workplace assistants, next-generation computing devices, proprietary AI models and new enterprise tools. The announcements underscore Microsoft’s ambition to move beyond traditional software applications and establish AI agents as the primary interface through which users interact with technology. Microsoft Pushes Toward an AI-Native Computing Model A central theme of the conference was Microsoft’s vision of a future in which autonomous AI agents perform increasingly complex tasks on behalf of users. The company is seeking to build a more comprehensive artificial intelligence ecosystem by combining AI models, cloud infrastructure, specialized hardware and enterprise software into a tightly integrated platform. This approach is intended to strengthen Microsoft’s position as competition intensifies across the AI sector, particularly from companies such as OpenAI and Anthropic. Chief Executive Officer Satya Nadella said the industry is entering a period in which entirely new computing platforms are being created. “Whenever these new platforms come, you get to rewrite even the rules of how new platforms operate,” Nadella said during a keynote address. “That’s what we’re trying to get done with Project Solara, so that you, as developers and enterprises, have the flexibility to imagine the form factors that you want and have your agents be ubiquitous.” New AI Devices Introduced Under Project Solara Among the most notable announcements was Project Solara, a collection of prototype devices designed specifically around artificial intelligence interactions. The prototypes include compact devices ranging in size from a smart speaker to a badge-like wearable. Powered by processors from Qualcomm and MediaTek, the devices feature displays and microphones but are designed to rely on AI agents rather than conventional operating systems and applications. Instead of launching apps in the traditional way, users would interact with cloud-connected AI systems capable of completing specialized tasks. Microsoft demonstrated potential use cases such as documenting medical consultations and assisting professionals with workflow management. The initiative reflects the company’s belief that future computing experiences may be built around AI assistants rather than software applications. Nvidia-Powered Hardware Takes Center Stage Microsoft also introduced the Surface RTX Spark Dev Box, a new developer-focused computer equipped with Nvidia technology. During the event, Nadella described the machine as a “dream machine” and joked that he had already joined the waiting list to purchase one. The device forms part of Microsoft’s broader effort to bring advanced artificial intelligence workloads directly onto personal computers. Executives demonstrated the system running an AI model containing 120 billion parameters, a scale that would exceed the capabilities of most conventional PCs. The launch follows Microsoft’s recent introduction of an Nvidia-powered laptop and highlights the growing partnership between the two companies in the AI hardware market. OpenClaw Integration Targets Enterprise Users Microsoft also revealed new tools designed to help Windows users deploy OpenClaw, an open-source platform capable of coordinating groups of AI agents to perform tasks on behalf of users. The company said it is working to make OpenClaw suitable for enterprise environments where sensitive corporate data must be protected. During a live demonstration, executives showed how information technology departments could implement safeguards preventing employees from accidentally carrying out destructive actions, such as deleting critical files. “You can totally run OpenClaw inside your company now,” Peter Steinberger, the software engineer who created OpenClaw, said on stage. Microsoft hopes these enterprise controls will encourage broader adoption of agent-based AI systems within corporate environments. New AI Agents and Proprietary Models Debut The company also announced a new AI agent known as Scout, which will become part of Microsoft’s Copilot ecosystem. Scout is designed to manage tasks that require user input or decision-making, including gathering emails, messages and requests that need attention before work can proceed. Alongside new software capabilities, Microsoft’s AI division provided updates on its efforts to develop advanced reasoning models as it seeks to reduce dependence on OpenAI’s technology. The company unveiled MAI Thinking-1, its first dedicated reasoning model, which Microsoft said delivers performance comparable to Anthropic’s Claude Opus 4.6 model. Microsoft also introduced what it described as the most efficient speech-transcription model developed by a major cloud provider, as well as a new image-generation model intended to compete with offerings from Google. Healthcare Partnership with Mayo Clinic Expands One of the most significant announcements focused on healthcare. Microsoft revealed a new collaboration with the Mayo Clinic aimed at developing advanced AI systems for medical diagnostics and clinical decision-making. The initiative will combine Microsoft’s AI infrastructure and reasoning capabilities with the Mayo Clinic’s medical expertise and healthcare data. According to Microsoft AI Chief Executive Mustafa Suleyman and Mayo Clinic CEO Gianrico Farrugia, the partnership grew out of discussions between Nadella and Mayo Clinic leadership. The objective is to develop AI tools that function as active members of healthcare teams and improve patient outcomes. Farrugia said the goal is to help clinicians get “to a diagnosis faster and better.” Competition Intensifies in the AI Race The announcements highlight Microsoft’s determination to remain at the forefront of the rapidly evolving AI landscape. By investing simultaneously in hardware, software, cloud services, AI agents and proprietary models, the company is pursuing a strategy that gives it greater control across the entire artificial intelligence stack. As rivals such as OpenAI, Anthropic, Google and others continue to expand their capabilities, Microsoft’s latest initiatives demonstrate its commitment to making AI a central component of both enterprise computing and future consumer devices. More About Microsoft Microsoft Corporation is a global technology company that develops software, cloud computing platforms, artificial intelligence systems and hardware products. Its portfolio includes Windows, Azure, Microsoft 365, GitHub, LinkedIn and Copilot, serving businesses, governments and consumers worldwide. The company has become one of the leading investors in artificial intelligence and is increasingly integrating AI capabilities across its product ecosystem. Microsoft stock price Original: Microsoft Unveils AI-Centric Computing Vision with New Devices, Models and Enterprise Tools (MSFT)
US Market News
1月前
Mayo Clinic and Microsoft collaborate to develop a frontier AI model for healthcareJune 2, 2026 3:01 PM
PR Newswire (US) Collaboration aims to expand access to Mayo Clinic's trusted healthcare expertise and improve patient and clinician experiences ROCHESTER, Minn., and REDMOND, Wash., June 2, 2026 /PRNewswire/ -- Mayo Clinic and Microsoft today announced a strategic collaboration to develop and deploy a frontier AI model designed specifically for healthcare, making Mayo Clinic's knowledge, expertise and integrated model of care available to more people when and where they need it.? The collaboration combines Mayo Clinic's global healthcare expertise, de-identified clinical health data and longitudinal insights with Microsoft's advanced AI, cloud, engineering and superintelligence capabilities. Together, the organizations are developing a frontier AI model capable of supporting the broadest scope of clinical reasoning and healthcare use cases.The model is designed to synthesize diverse clinical data to support earlier diagnoses, more personalized treatment decisions and better patient outcomes. By expanding access to actionable insights and supporting care teams in complex decision-making, the collaboration aims to address some of healthcare's most challenging problems.The frontier AI model will be owned by Mayo Clinic, reinforcing Mayo's long-standing commitment to patient trust, clinical rigor, safety and responsible stewardship of clinical data and AI. Microsoft plans to make the model available through Azure Foundry APIs, enabling organizations worldwide to access advanced healthcare AI capabilities designed to better support patients, clinicians and consumers."Mayo Clinic is committed to putting patients first, and we have long believed AI can help transform healthcare. Seven years ago, we launched Mayo Clinic Platform to move healthcare from a pipeline to a platform model through a safe, trusted, patient-centric de-identified data foundation designed to accelerate innovation, breakthroughs, and cures," said Gianrico Farrugia, M.D., president and CEO, Mayo Clinic. "Now, by combining our clinical expertise and data foundation with Microsoft's engineering and AI capabilities, we are once again building something new in healthcare and bringing more of Mayo Clinic to more patients."Unlike general-purpose AI models, healthcare AI requires deep clinical context, longitudinal understanding, rigorous governance, and real-world validation. The model is being purpose-built for healthcare and initially deployed within Mayo Clinic's trusted clinical environment, where it can be continuously tested, refined and improved through real-world use.Mustafa Suleyman, CEO of Microsoft AI, said: "Frontier medical intelligence is around the corner. This is the best collaboration imaginable to help us accelerate towards that future. Mayo has unparalleled clinical expertise, de-identified clinical health data and longitudinal medical insights, and we're thrilled to partner with their world class physicians to build a state-of-the-art foundation model for healthcare."About Mayo Clinic
Mayo Clinic is a nonprofit organization committed to innovation in clinical practice, education and research, and providing compassion, expertise and answers to everyone who needs healing. Visit the Mayo Clinic News Network for additional Mayo Clinic news.About Microsoft
Microsoft (Nasdaq "MSFT" @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more. View original content to download multimedia:https://www.prnewswire.com/news-releases/mayo-clinic-and-microsoft-collaborate-to-develop-a-frontier-ai-model-for-healthcare-302788613.htmlSOURCE Mayo Clinic Original: Mayo Clinic and Microsoft collaborate to develop a frontier AI model for healthcare
iHub News
1月前
AI Enthusiasm Set to Support Wall Street Open: Dow Jones, S&P, Nasdaq, FuturesJune 1, 2026 9:17 AM
IH Market News U.S. stock futures traded modestly higher on Monday, pointing to a positive start for the new trading week as investors continued to embrace artificial intelligence-related opportunities following another major product announcement from Nvidia (NASDAQ:NVDA). The upbeat tone comes after Wall Street ended Friday’s volatile session with gains across the major benchmarks, pushing all three leading indices to fresh record closing highs. Nvidia and Microsoft Unveil New AI-Powered PC Platform Investor sentiment received a boost after Nvidia (NASDAQ:NVDA) introduced RTX Spark, a new AI-focused “superchip” developed in partnership with Microsoft (NASDAQ:MSFT). The company said the platform is designed to transform Windows-based personal computers for the age of AI-powered digital assistants. “The PC is being reinvented,” said NVIDIA founder and CEO Jensen Huang. “For forty years, you launched apps. Click. Type. With RTX Spark and Microsoft Windows, you ask — and the PC does the work.” The announcement fueled premarket gains in several technology names. Nvidia shares advanced 2.4%, while Microsoft climbed 3.8%. Computer manufacturers Dell (NYSE:DELL) and HP (NYSE:HPE) also traded sharply higher ahead of the opening bell as investors assessed the potential impact of AI-enabled PCs on future demand. Middle East Tensions Continue to Limit Risk Appetite Despite the optimism surrounding artificial intelligence, investors remained cautious as geopolitical uncertainty persisted in the Middle East. Oil prices moved sharply higher after U.S. Central Command announced it had carried out “self-defense strikes” against Iranian radar installations and drone command facilities during the weekend. Iran’s Islamic Revolutionary Guard Corps responded by saying it had targeted an air base allegedly linked to a U.S. attack on a telecommunications facility located on Sirik Island in southern Hormozgan province. The renewed hostilities added another layer of uncertainty to global markets and helped push crude prices higher. Trump Signals Confidence in Ongoing Negotiations Amid the escalating tensions, President Donald Trump sought to reassure markets that diplomatic efforts remain active. In a post published on Truth Social early Monday, Trump said that “Iran really wants to make a deal” while encouraging patience as negotiations continue. “Just sit back and relax, it will all work out well in the end – It always does!” Trump said. Investors continue to monitor developments closely for signs that a broader agreement could ease geopolitical risks and stabilize energy markets. Wall Street Closed Last Week at Record Highs Stocks finished Friday’s session in positive territory despite intraday volatility. The Dow Jones Industrial Average led the gains, advancing 363.49 points, or 0.7%, to close at 51,032.46. The Nasdaq Composite added 55.15 points, or 0.2%, ending at 26,972.62, while the S&P 500 gained 16.43 points, or 0.2%, to finish at 7,580.06. All three benchmarks ended the session at record closing levels. For the shortened trading week, the Nasdaq surged 2.4%, the S&P 500 gained 1.4%, and the Dow rose 0.9%. Investors Await Clarity on Potential U.S.-Iran Agreement Market participants remain broadly optimistic that Washington and Tehran can reach an agreement, although many appear reluctant to take aggressive positions until more details emerge. Recent reports have indicated that both countries may have agreed to a framework for extending the current ceasefire by 60 days. The reported arrangement could pave the way for reopening the Strait of Hormuz and restarting negotiations over Iran’s nuclear program, although President Trump has not yet formally approved the proposal. In another social media post, Trump said he would meet with advisors in the situation room to make a “final determination” regarding the agreement. Trump added that some less significant issues had already been resolved but reiterated that Iran must agree never to obtain a nuclear weapon and must immediately reopen the Strait of Hormuz without imposing tolls. Dell’s Rally Highlights Ongoing Technology Momentum Technology shares received additional support from Dell Technologies (NYSE:DELL), which surged more than 33.7% on Friday after posting stronger-than-expected fiscal first-quarter results and increasing its full-year guidance. The rally helped propel computer hardware stocks sharply higher, with the NYSE Arca Computer Hardware Index jumping 8.6% to a new record closing high. NetApp and Software Stocks Also Post Strong Gains NetApp (NASDAQ:NTAP) was another standout performer, soaring 22.4% after reporting quarterly results that exceeded expectations and issuing optimistic guidance. Software companies also attracted significant buying interest, with the Dow Jones U.S. Software Index climbing 6.2% to its highest closing level in four months. Elsewhere, gold and brokerage stocks moved higher, while telecom, retail and natural gas shares underperformed during the session. Nvidia stock price Microsoft stock price Dell stock price Hewlett Packard Enterprise stock price NetApp stock price Original: AI Enthusiasm Set to Support Wall Street Open: Dow Jones, S&P, Nasdaq, Futures
US Market News
2月前
Microsoft announces appointment of Carmine Di Sibio to board of directorsMay 14, 2026 4:07 PM
PR Newswire (US) REDMOND, Wash., May 14, 2026 /PRNewswire/ -- Microsoft Corp. on Thursday announced the appointment of Carmine Di Sibio, former global chairman and CEO of EY, to the Microsoft board of directors. He will serve on both the Compensation Committee and Audit Committee, bringing expertise in financial services, risk oversight and global client leadership to meet the evolving needs of our customers while advancing Microsoft's mission to empower every person and organization to achieve more. With Di Sibio's appointment, the Microsoft board of directors has been expanded to 13 members. "Our board will immediately benefit from Carmine's deep financial expertise, global lens and decades of advising organizations through real complexity," said Sandra Peterson, Microsoft lead independent director. "His addition strengthens the board, and we look forward to working with him.""Carmine has spent four decades advising some of the world's most complex organizations on strategy, financial risk and global growth," said Satya Nadella, chairman and CEO, Microsoft. "That depth of experience will strengthen our board as we work to deliver on our mission and meet the evolving needs of our customers."Di Sibio joined EY in 1985, leading to a four-decade career at the company. Before becoming the CEO and global chairman of EY, Di Sibio held various leadership positions including the global managing partner in Client Services, leading the execution of the organization's global strategy, as well as the chair of the Global Financial Services Markets and the regional managing partner for the Americas Financial Services Organization (FSO). He brings decades of global leadership experience advising leading companies on strategy and risk management.Di Sibio holds a Bachelor of Arts in chemistry from Colgate University and an MBA from New York University's Stern School of Business. He is also an independent director on the boards of PayPal Holdings, Inc., Prudential Financial, Inc. and Evolver, in addition to board member positions at Hackensack Meridien Hospital, Colgate University and Wake Forest University Business School.Microsoft (Nasdaq "MSFT" @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more. View original content to download multimedia:https://www.prnewswire.com/news-releases/microsoft-announces-appointment-of-carmine-di-sibio-to-board-of-directors-302772865.htmlSOURCE Microsoft Corp. Original: Microsoft announces appointment of Carmine Di Sibio to board of directors