On Thursday, Oppenheimer revised its position on KLA Corporation (NASDAQ:KLAC), upgrading the stock from Perform to Outperform and raising the price target to $850 from the previous $750. This move comes after KLA’s first-quarter results for fiscal year 2025 exceeded expectations, leading the firm to increase its fiscal year 2025-2026 (June) estimates by 2%. The … Read more
“ Microsoft’s cloud business played a significant role in driving overall growth for the tech giant in the latest quarter, as an increasing number of customers utilized the company’s cloud services for their AI-powered platforms and tools. Microsoft’s cloud revenue in the first fiscal quarter was $38.9 billion, marking a 22% year-over-year increase. A substantial … Read more
Stay informed with free updates Simply sign up to the Big Tech myFT Digest — delivered directly to your inbox. Microsoft has accused Google of running “shadow campaigns” seeking to undermine its position with regulators and politicians, the latest example of the escalating competition between the tech giants in cloud computing and data centres. Rima … Read more
My Amazon Author’s page offers a wide range of categories for readers to explore. From a look back at past events to compilations of the best tweets, there is something for everyone. Whether you are interested in artificial intelligence, classroom practices, or health-related topics, you are sure to find something that catches your eye. If … Read more
Microsoft CEO Satya Nadella was awarded a pay increase for the 2024 fiscal year, receiving over $30 million more than the previous year. However, his total compensation could have been $5.5 million higher if not for a series of cyberattacks that impacted the company. For the fiscal year ending on June 30, Nadella’s total compensation … Read more
Microsoft, a leading enterprise software company, saw a bullish reversal in September, gaining over 3% for the month despite some profit-taking in recent sessions. The stock has been hovering around the 50-day moving average, indicating a potential buying support level. While Microsoft is not yet ready for a new breakout to all-time highs, it is … Read more