Microsoft (MSFT) issued its fiscal Q3 earnings earlier this week, and as of Friday, the ripples haven’t yet subsided. The company impressed with both a revenue and EPS beat, and has climbed nearly 10% since Tuesday evening when the report went out. Earnings came in at $2.45 per share compared to the estimate of [...]
BIG WINNERS IN AI. Written by: Angela Akers Besides the Fed’s 25-basis point rate hike, tech’s earnings highs and lows, and a blockbuster January Jobs report, everybody’s also talking about Artificial Intelligence, AI, this week. At the end of November, the user base of a private company called OpenAI, exploded after it released the [...]
A Canadian pension fund (Public Sector Pension Investment Board) recently made dramatic changes to its portfolio. PSP Investments currently manages over $180 billion in assets, so this news has investors scratching their heads, wondering if they should follow suit. After cutting positions in three top tech companies - Apple, Tesla, and Microsoft - they [...]
