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News about Microsoft Corporation
Tech Leads Stock Losses as Yields Rise Before Fed: Markets Wrap
(Bloomberg) -- Stocks fell and bond yields rose on the eve of the Federal Reserve decision, with higher oil prices bolstering speculation interest rates will be higher for longer to prevent a flare-up in inflation.Most Read from BloombergF-35 Debris Found After a $100 Million Fighter Jet Went MissingIndia, Canada Trade Diplomatic Blows Over Murder AllegationsVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingHow Auto Executives Misread the UAW Ahead of Historic StrikeThe S&P 50
Tue, 19 Sep 2023 14:45:43 +0000Read moreHealth care: FTC Chair Lina Khan to crack down on 'below radar' deals
FTC Chair Lina Khan wants to help create more competition in the market and avoid monopolies.
Tue, 19 Sep 2023 14:11:04 +0000Read moreUS STOCKS-Wall St slips ahead of Fed policy meet, Instacart market debut
Wall Street's main indexes slipped on Tuesday ahead of the Federal Reserve's policy meeting, with investors awaiting grocery delivery app Instacart's Nasdaq debut to assess a potential recovery in the IPO market. Instacart parent Maplebear Inc secured a fully diluted valuation of $9.9 billion on Monday after its IPO was priced at $30 per share, the top of its indicated price range. Chip designer Arm Holdings had a stellar market debut last week, raising hopes of a revival in the initial public offering (IPO) market after a near 18-month dry spell.
Tue, 19 Sep 2023 14:06:59 +0000Read moreMicrosoft Eyes Apple’s Spot as World’s Largest Stock
(Bloomberg) -- Microsoft Corp. is narrowing the gap with Apple Inc. in the stock market as investors see better growth and far less China risk in the software giant.Most Read from BloombergF-35 Debris Found After a $100 Million Fighter Jet Went MissingIndia, Canada Trade Diplomatic Blows Over Murder AllegationsVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingHow Auto Executives Misread the UAW Ahead of Historic StrikeThe Redmond, Washington-based company’s shares have outperf
Tue, 19 Sep 2023 13:56:45 +0000Read moreUK minister rejects Microsoft criticism of decision to block Activision deal
British business minister Kemi Badenoch said on Tuesday she did not agree with Microsoft President Brad Smith that the Competition and Market Authority's initial decision to block its purchase of videogame maker Activision was bad for Britain. "Call of Duty" maker Activision Blizzard has since said it will sell its streaming rights in a fresh attempt to win approval from Britain's anti-trust regulator, the CMA, for its $69 billion sale to Microsoft.
Tue, 19 Sep 2023 13:44:37 +0000Read more