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Tag Archives: microsoft

Tech Earnings Dominate Second Week of Q1 Reports with Amazon, Microsoft, Meta & Alphabet Leading Charge

In this week’s Q1 tech earnings reports, investors look for signs of staying power amid a recession-threatened economy.  Tech earnings will make up a significant portion of corporate Q1 earnings this week, in the second week of quarterly reports. Investors will be paying close attention to Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOGL) in a packed week. Investors may also take cues from these corporate reports to determine the fiscal landscape as the Fed...

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Google Preps to Launch Its Most Expensive Smartphone Pixel Fold in June

The move will test Samsung’s long reign in the foldable phone business. Google is just a few weeks away from launching its first-ever foldable smartphone. According to a CNBC report, the move will likely kick-start a market rivalry with Samsung which has long enjoyed the benefits of being the market leader of the foldable phone business. While no official announcements have been made yet, the product is expected to be unveiled during Google’s annual developer conference on May 10....

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Alibaba Cloud Set to Launch ChatGPT Rival Called Tongyi Qianwen

In the push to launch its own version of ChatGPT, Alibaba Cloud will need to take in account the impact of regulations in China and the influence of competitors. Alibaba Cloud, one of the major subsidiaries of Chinese multinational tech giant Alibaba Group Holdings Ltd (HKG: 9988), is reportedly set to launch its own ChatGPT rival in what has become a major frenzy in today’s tech world. As reported by Bloomberg, Alibaba Cloud has been sending invitation codes to some of its corporate...

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Alphabet CEO Sundar Pichai Hints at Chat AI for Google

The determination to float products that will be able to provide an interactive search interface for users has been cited by the Alphabet CEO as a major opportunity to be tapped into. Sundar Pichai Sundar Pichai, the Chief Executive Officer (CEO) of American multinational tech giant, Alphabet Inc (NASDAQ: GOOGL) has hinted that the company is working on a conversational chat Artificial Intelligence (AI) solution that can be integrated into its Google search engine tool. While Pichai...

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Activision Shares Up 5% as Microsoft Wins Regulator’s ‘Blessing’ on Acquisition Deal

A UK competition regulator eases off slightly on the Microsoft-Activision deal, sending the gaming publisher’s shares soaring.  Activision Blizzard Inc (NASDAQ: ATVI) shares surged Friday on positive news about the UK’s Competition and Markets Authority’s stance toward the Microsoft (NASDAQ: MSFT) deal. According to reports, the British competition regulator has eased off on the impending Microsoft takeover. In a statement, the CMA stated that it no longer deemed the computer software...

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Tech Giants Embark on Layoffs since Beginning of 2023 despite Profitable Quarterly Results  

A recurring pattern of recent employee layoffs among tech giants reveals these companies are hedging against economic uncertainties.  Despite the current economic conditions, a number of tech giants are still likely to embark on company layoffs even though they are turning profits. These layoffs have been ascribed to a slowdown in operational growth and seen as a hedge against economic uncertainties. Across the United States, Europe, and Asia, tech giants such as Microsoft (NASDAQ:...

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Google Challenges OpenAI by Opening Early Access to ChatGPT Rival Bard

Currently, Google Bard is available to a few select customers in the US and UK. As per Google, Bard is “an early experiment … intended to help people boost their productivity, accelerate their ideas, and fuel their curiosity” On Tuesday, March 21, tech giant Google opened access to its AI chatbot tool Bard, which directly competes with OpenAI’s ChatGPT. However, this is limited access and Bard will be initially available only to selected users in the US and UK, who can join a waitlist at...

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