Microsoft to lay off around 3% of workforce
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Microsoft trims layers of management to boost team agility, with business units like Xbox and LinkedIn also affected by the organizational changes.
Microsoft Corporation (MSFT) is revising the terms of its deal with ChatGPT parent OpenAI, The Financial Times reported today, according to Schwab Network. The emerging deal would enable OpenAI to go public while protecting MSFT’s access to the start-up’s technology,
With its dominance in productivity, business solutions, and cloud computing, 24/7 Wall St. projects big upside for Microsoft stock by 2030.
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Microsoft is set to stave off a possible hefty antitrust fine as EU regulators are likely to accept an offer on its Office and Teams products, three people familiar with the matter said on Wednesday,
Microsoft (NASDAQ: MSFT) is up nearly 9% to $430.11 on the day. All thanks to strong earnings with third quarter adjusted EPS OF $3.46 a share on revenue of $70.1 billion. Meanwhile, analysts were only looking for adjusted EPS of $3.
Microsoft (MSFT) is a Zacks Rank #2 (Buy) that has a D for Value and a B for Growth. As one of the worlds largest software company’s, most investor know this stock for its Office suite of software. There is a new driver on the horizon for this company and it is all about AI.