U.S. stock futures rose on Thursday after ending on a mixed note on Wednesday. Futures of major benchmark indices were higher, except for the small-cap gauge Russell 2000.
Microsoft CEO Satya Nadella says supporting AI giants like OpenAI helps optimize Azure's cloud capabilities, calling it a strategic win similar to the boost Azure might've gained had Netflix chosen it over AWS.
Microsoft (NASDAQ: MSFT) shares have experienced a significant jump following its recent fiscal third-quarter earnings report, which not only surpassed Wall Street expectations but also underscored the company's formidable strength in the burgeoning fields of artificial intelligence (AI) and cloud computing. This impressive financial performance signals a robust demand for
In a significant move reshaping international trade dynamics, former President Donald Trump has announced a new trade deal with South Korea, featuring a 15% tariff rate on South Korean goods imported into the United States. This agreement, finalized on July 30, 2025, marks a notable reduction from the previously threatened
Meta CFO Susan Li said the company may seek external financing to support its rapidly growing AI infrastructure needs in 2026, with capital expenditures potentially exceeding $100 billion.
On Wednesday, the major averages closed on a mixed note, as traders were left unimpressed by the Fed's decision and Chair Powell’s comments at the press conference that followed the meeting.
Nvidia stock has been at the center of the artificial intelligence (AI) revolution for three years, but another chip stock could carry even more lucrative gains in the long run.
Tech giant Microsoft (NASDAQ:MSFT) announced better-than-expected revenue in Q2 CY2025, with sales up 18.1% year on year to $76.44 billion. Its GAAP profit of $3.65 per share was 8% above analysts’ consensus estimates.
