Key Takeaways Microsoft stock slumped on Thursday after the company’s current-quarter revenue outlook fell short of Wall Street estimates, overshadowing a better-than-expected fiscal first quarter. Growth as Microsoft’s cloud-computing unit is expected to slow this quarter as the company continues to struggle to meet surging AI demand. Analysts remained bullish on the stock, citing an […]

The Super Micro Computer Inc. headquarters in San Jose, California, U.S., on Tuesday, Jan. 5, 2021.  Bloomberg | Bloomberg | Getty Images In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains. As it turned

With the holiday shopping season inching earlier every year, one of the biggest questions for shoppers comes down to timing: When should you start buying gifts? If you start too soon, you could miss out on some of the best sales. But if you start too late, you could pass up your chance at discounts

For decades, big tech has been hunting for the next game-changing technology that could transform people’s lives and add trillions to the global economy. Many think generative artificial intelligence (AI) could be the one. And Nvidia (NVDA -1.36%) has benefited from a surge in demand for its AI-capable chips to power the new industry. But

U.S. stock futures are down as market watchers evaluate disappointing earnings from Magnificent Seven firms; Meta Platforms (META) shares are falling in premarket trading despite beating earnings estimates as spending levels worry investors; Microsoft (MSFT) stock is down after its cloud services revenue came in below analysts’ expectations; the Personal Consumption Expenditures (PCE) inflation index

Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday. The personal consumption expenditures price index showed a seasonally adjusted 0.2% increase for the month, with the 12-month inflation rate at 2.1%, both in line with Dow Jones estimates. The Fed uses the PCE reading

Line-up of pumpkins in the Netherlands, on Oct. 27, 2024. Nurphoto | Nurphoto | Getty Images Inflation in the 20-nation euro zone rose to 2% in October, preliminary figures released by statistics agency Eurostat showed Thursday. Economists polled by Reuters had forecast a headline figure of 1.9%. The September headline reading was revised down to

Trumponomics describes former U.S. President Donald Trump’s economic agenda, principles, and policies. Trumponomics focused on deregulation, tax cuts, protectionism, and an aggressive stance on trade. These policies aimed to promote job growth, increase wages, and boost economic growth. Critics argued that some such policies favored the wealthy, increased national debt, and negatively impacted the environment

The big screen version of the Broadway musical “Wicked” is set to defy more than just gravity; it could break box office records. According to NBCUniversal, “Wicked” is already the No. 3 best PG-rated first-day ticket pre-seller of all time on movie ticket website Fandango, which indicates high interest in the movie ahead of its

Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy. Stefano Guidi | Getty Images News | Getty Images Auto giant Stellantis on Thursday reported a 27% decline in third-quarter net revenues, but said it was making headway in addressing operational