Microsoft is a leading global technology company known for its software products, services, and hardware devices. The company is best recognized for its Windows operating systems and the Microsoft Office suite, which facilitates productivity and collaboration for users worldwide. In addition to software, Microsoft also offers cloud computing services through its Azure platform, enabling businesses to leverage scalable and flexible computing resources. The company is actively involved in various sectors, including gaming with its Xbox platform, artificial intelligence, and cybersecurity, continually innovating and expanding its product offerings to meet the diverse needs of consumers and enterprises. Read More
Shares of semiconductor manufacturer Magnachip Semiconductor (NYSE:MX) fell 3.2% in the afternoon session after the major indices pulled back (Nasdaq -0.8%, S&P 500 -0.77%), largely due to escalating concerns surrounding the July 9th deadline for new US tariffs, now amplified by specific announcements.
Shares of genomics company Illumina (NASDAQ:ILMN) fell 3.6% in the afternoon session after the major indices pulled back (Nasdaq -0.8%, S&P 500 -0.77%), largely due to escalating concerns surrounding the July 9th deadline for new US tariffs, now amplified by specific announcements.
Shares of online home goods retailer Wayfair (NYSE:W)
fell 3% in the afternoon session after the major indices pulled back (Nasdaq -0.8%, S&P 500 -0.77%), largely due to escalating concerns surrounding the July 9th deadline for new US tariffs, now amplified by specific announcements.
Shares of health insurance company Cigna (NYSE:CI)
fell 3.1% in the afternoon session after the major indices pulled back (Nasdaq -0.8%, S&P 500 -0.77%), largely due to escalating concerns surrounding the July 9th deadline for new US tariffs, now amplified by specific announcements.
Shares of cosmetics company e.l.f. Beauty (NYSE:ELF)
fell 7.1% in the afternoon session after a significant institutional investor, Allspring Global Investments Holdings LLC, reported a massive reduction in its holdings.
Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER)
jumped 3.3% in the afternoon session after Wells Fargo analyst raised the price target on the company's stock. Wells Fargo analyst Ken Gawrelski reiterated an "Overweight" rating on Uber and increased the price target to $120 from $100, suggesting a potential 24.86% upside from the previous closing price. This bullish outlook from a major financial institution signals confidence in Uber's growth prospects and market expansion potential. The move reflects growing optimism on Wall Street, where the majority of analysts covering the stock maintain a "buy" or equivalent rating.
Shares of athletic apparel retailer Lululemon (NASDAQ:LULU)
fell 3.7% in the afternoon session after the major indices pulled back (Nasdaq -0.8%, S&P 500 -0.77%), largely due to escalating concerns surrounding the July 9th deadline for new US tariffs, now amplified by specific announcements.
Shares of video game retailer GameStop (NYSE:GME)
fell 3.8% in the afternoon session after the major indices pulled back (Nasdaq -0.8%, S&P 500 -0.77%), largely due to escalating concerns surrounding the July 9th deadline for new US tariffs, now amplified by specific announcements.
Shares of young adult apparel retailer American Eagle Outfitters (NYSE:AEO) fell 3.3% in the afternoon session after the major indices pulled back (Nasdaq -0.8%, S&P 500 -0.77%), largely due to escalating concerns surrounding the July 9th deadline for new US tariffs, now amplified by specific announcements.
Microsoft has unveiled an AI system that outperforms human doctors in tackling difficult medical cases. The system, developed by Microsoft’s AI division under the leadership of British tech entrepreneur Mustafa Suleyman, mimics the process a group of experienced doctors might follow when diagnosing complex health conditions.
An Xbox executive's suggestion that laid-off Microsoft employees use AI chatbots like ChatGPT for emotional support sparked backlash online, highlighting tensions as the company invests heavily in AI while cutting 9,100 jobs.
