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Microsoft adds $154 billion in market value after it announces $30 per month AI subscription

Jennifer DuBois -
Microsoft stock surged as much as 6% on Tuesday after the company unveiled an AI subscription for its Office 365 platform.The software giant...
Business

Fed’s last rate hike coming at July meeting, economists say

Jennifer DuBois -
By Indradip Ghosh and Prerana BhatBENGALURU (Reuters) - The U.S. Federal Reserve will raise its benchmark overnight interest rate by 25 basis points...
Business

Piper Sandler Says Buy These 2 High-Yield Dividend Stocks — Including One With 13% Yield

Jennifer DuBois -
What should we make of the markets today? That’s the question on the minds of every market and economic expert out there –...
Business

Crowdfunded Real Estate Deals Unravel as Funds Vanish

Jennifer DuBois -
(Bloomberg) -- Hundreds of regular investors who together put up $63 million to buy pieces of Atlanta and Miami commercial real estate have...
Business

Carvana Stock Sinks In Late Trade With Earnings Due Wednesday

Jennifer DuBois -
Carvana (CVNA) said late Tuesday that it will report earnings for the second quarter early Wednesday, bringing the date up from Aug. 3....
Business

AT&T Says Less Than 10% of Its Network Has Lead Covered Cables

Jennifer DuBois -
(Bloomberg) -- AT&T Inc. says less than 10% of its nationwide copper-wire telecom network has lead-clad cables, addressing investor concerns over the extend...
Business

Top CD Rate Rises to 5.70% APY

Jennifer DuBois -
For the first time in more than six weeks, a new CD rate leader has stepped up and nabbed the nationwide crown. Not...
Business

Carvana Slides After Moving Up Earnings Date Without Warning

Jennifer DuBois -
(Bloomberg) -- Carvana Co.’s shares tumbled after the used-car retailer surprised investors with a last-minute change to its earnings plans.Most Read from BloombergThe...
Business

Investors bet the worst is over for Charles Schwab

Jennifer DuBois -
Charles Schwab stock (SCHW) surged 12.5% Tuesday as investors bet the worst was over for an investment firm that attracted scrutiny as the...
Business

Microsoft Stock Spikes To Record High On AI Pricing Details

Jennifer DuBois -
Microsoft (MSFT) stock surged Tuesday after the software giant detailed how it plans to monetize its innovations in artificial intelligence. X At the company's Inspire...
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