Microsoft lost $357 billion in market cap as stock plunged most since 2020
As investors sold shares of Microsoft on Thursday, the $3.22 trillion company dragged down the software complex and the S&P 500 index.
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As investors sold shares of Microsoft on Thursday, the $3.22 trillion company dragged down the software complex and the S&P 500 index.
This year’s festival, its 31st iteration, takes place at Lincoln Center from April 30-May 2.
The drop comes amid stalling growth for its cloud computing software as OpenAI investments are questioned.
OpenAI CEO Sam Altman and Amazon CEO Andy Jassy have been speaking directly, according to a source familiar with the discussions.
In tonight’s edition, extreme flooding in Southern Africa has submerged towns and killed at least 200 people as scientists say climate change will make supercharged rainfall more likely in the years to come. Also, healthcare fraud undermines Kenya’s a…
A day of dramatic swings on Wall Street, including the worst day for Microsoft in years, finished with only relatively modest moves.
A day of dramatic swings on Wall Street, including the worst day for Microsoft in years, finished with only relatively modest moves.
Apple:
Apple Q1: iPhone up 23% YoY to $85.27B, vs. $78.65B est., Mac down 7% to $8.39B, iPad up 6% to $8.6B, and Wearables, Home, and Accessories down 2% to $11.49B — All-time records for total company revenue and EPS —&n…
Boy’s friend, 17, winched to safety by emergency rescue team after pair were separated in Blue Gum forestFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastA teenage boy has been found dead …
Jordan Novet / CNBC:
Microsoft shares fell ~10% on Thursday following an earnings report that disappointed some investors, the stock’s sharpest daily decline since March 2020 — Microsoft shares slid about 10% on Thursday following a…