Microsoft Corporation (NASDAQ:MSFT) is one of the stocks to invest in before they split next. On September 12, the European Commission announced that it accepted Microsoft’s proposed commitments to resolve a long-running antitrust investigation into its Teams messaging and videoconferencing app. The investigation was initiated after a complaint from Slack Technologies and one from German company Alfaview, which accused Microsoft of possibly abusive practices by tying Teams to its Office software suites. T ...

整理 | 郑丽媛 出品 | CSDN（ID：CSDNnews） 如果你是一名 50 多岁的资深工程师，刚刚从微软这样的科技巨头被裁掉，接下来的人生会是什么样 子？ 对 50 多岁的 Mody Khan 来说，现实是残酷的： 他在微软工作了 5 年、拿着六位数美元的年薪、 担任云解决方案架构师 ，但自从 去年 12 月被解雇后，已经 找了整整 9 个月的工作仍一无所获 。 高薪职位一夜清零，存款见底、房贷告急 Mody Khan 的职业轨迹本该是一条稳步上升 的曲线。2007 年，他从巴基斯坦移民到美国，最初在 2008 年金融危机中也经历过低谷，但最终还是凭借技术积累站稳了脚跟。 到了 2019 年，他以合同工身份加入微软，负责支持工作。2020 年转正后，他升任支持升级工程 师； 2021 年底更进一步，成为云解决方案架构师 ——一个收入丰厚、可以远程办公的岗位。 然而，好景不长。随着微软内部绩效考核收紧， Mody Khan 的日子变得越来越煎熬。 多位经理先 后对他的表现提出质疑，并明确表示 其 工作岌岌可危。 Mody Khan 回忆说 ， 他曾 努力 改进， 但始终觉得缺乏清晰的目标和建设性的反馈， ...

Market Overview - The Indian benchmark indices ended with weekly gains of 1.5%, led by auto stocks and supported by banks and pharma stocks [14] - Nifty closed 108.50 points or 0.43% higher at 25,114, with support from PUT writers around the 25,000 mark [14][15] - Nifty is approaching its previous swing high of 25,150, which may lead to consolidation before advancing towards the 25,250–25,500 zone [10][15] US Market Influence - Wall Street ended mixed, with the Nasdaq hitting a record high close, while the Dow 30 declined by 273.78 points or 0.59% to 45,834.20 [4][14] - The S&P 500 settled at 6,584.29, down by 3.18 points or 0.05%, and the Nasdaq Composite closed at 22,141.10, falling by 98.03 points or 0.45% [4][14] - Domestic and global markets are expected to take cues from US market performance [5] Corporate Actions - Over 230 companies have corporate actions lined up this week, including dividends, stock splits, and bonus shares [6][15] - Notable corporate actions include a 2:1 bonus issue from Godfrey Phillips India and various stock splits from companies like Kesar Enterprises and Zydus Wellness [15] IPO Activity - India's primary market will see five IPOs this week, including the largest offering from Euro Pratik Sales with an issue size of Rs 451 crore [7][15] - The IPO for Euro Pratik Sales will open on September 16 and close on September 18, with a price band of Rs 235–247 per share [7][15] - In the SME segment, public issues from TechD Cybersecurity and JD Cables will also open for bidding [8][15] Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) - On Friday, FIIs inflows stood at Rs 129.6 crore, while DIIs were net buyers at Rs 1,556 crore [9][15] - In 2025, FIIs have sold shares worth Rs 1,41,417 crore, with August sell-off at Rs 10,782 crore [9][15] Currency and Commodities - The Indian rupee recovered from all-time lows, settling higher by 9 paise at 88.26 against the US dollar [12][15] - Oil prices rose due to a Ukrainian drone attack on a Russian port, with US WTI oil contracts ending at $62.60, down by $0.23 or 0.37%, and Brent oil futures hovering near $66.99, higher by $0.51 or 0.77% [13][14][15]

Group 1 - Wahaha is planning to launch a new brand "Wawa Xiaozong" starting from the 2026 sales year to address historical compliance issues after the founder's passing [3] - Beijing Huiyuan Food and Beverage Co., Ltd. issued a statement regarding a power struggle involving false documents and disruptions to operations, leading to significant stock shortages on e-commerce platforms [6] - Anker's CTO Liu Haifeng has left the company, which is prioritizing its embodied intelligence projects this year [10] Group 2 - Tesla is facing a lawsuit alleging discrimination against U.S. citizens in favor of visa holders to reduce labor costs, with claims of over 6,000 layoffs affecting mostly American workers [13][14] - Nvidia and OpenAI are in discussions for a significant investment in the UK to enhance AI infrastructure, potentially amounting to billions [14] - xAI has laid off 500 employees from its data annotation team as part of a strategic shift towards expanding its professional AI mentor team [14] Group 3 - Guizhou Moutai has denied rumors about opening direct supply channels for its products, emphasizing that such claims are false and warning consumers to be cautious [20] - The price of Moutai's "Flying Moutai" has surged from 1,499 yuan to over 3,390 yuan, with significant profits for distributors and scalpers [22] - OpenAI is expected to generate $50 billion in revenue by reducing revenue shares with partners like Microsoft [24] Group 4 - The National Health Commission's draft national standard for pre-prepared dishes has passed expert review and will soon seek public opinion, marking a shift towards regulatory compliance in the industry [26] - China's contribution to the global open-source ecosystem for large models has reached 18.7%, ranking second after the U.S. [28]

Core Viewpoint - OpenAI and Microsoft have reached a non-binding memorandum of understanding regarding the next phase of their collaboration, indicating ongoing negotiations on contract terms [1][3] Group 1: Revenue Sharing and Financial Implications - OpenAI has informed some shareholders that the revenue share given to Microsoft will significantly decrease in the coming years, from an initial 20% until 2030 to an expected 8% by the end of the century, potentially allowing OpenAI to retain over $50 billion in additional revenue [3] - It remains unclear whether the non-binding agreement includes modifications to the revenue-sharing plan, with some OpenAI executives seeking to exclude certain unreleased products from the revenue-sharing agreement [3] Group 2: Cloud Services and Competitive Dynamics - OpenAI is currently negotiating the scale of its spending on Microsoft cloud services, with previous estimates suggesting a spending of $135 billion by 2030, while Oracle has reportedly secured a $300 billion order from OpenAI [4] - Microsoft shareholders are questioning why OpenAI is placing larger orders with Oracle compared to Microsoft Azure, despite Microsoft being a key stakeholder in OpenAI [5] Group 3: Ownership Structure and Governance - The terms regarding equity distribution have reportedly been largely determined, with OpenAI's non-profit parent company and Microsoft each expected to hold about one-third of the new company's shares, although Microsoft will not receive a board seat [5]

Artificial intelligence has propelled the stock market to all-time highs, but Goldman Sachs (NYSE:GS) recently warned that once AI spending slows down, the stock market can tank by 20%. A research note from Goldman Sachs Analyst Ryan Hammond cited the danger of hyperscalers inevitably cutting back on AI expenditures, according to Fortune. "A reversion of long-term growth estimates back to early 2023 levels would imply 15% to 20% downside to the current valuation multiple of the S&P 500," Hammond reportedl ...

种种迹象显示，正忙着为购买算力筹措资金的OpenAI，将目光瞄向本应该分给合作伙伴微软的钱。 北京时间周五早晨，OpenAI与微软发布了一条语焉不详的联合声明，宣布 双方就"下一阶段合作"达成了"一项非约束性谅解备忘录"，并且"正 在积极推进合同条款的敲定"。 （来源：公司官网） 要知道，围绕着OpenAI将经营实体转为公共利益公司的事宜，双方已经谈了至少半年。赶在本周发布一条"积极推动条款敲定"的公告，离 不开甲骨文的影响，也说明背后的利益纠葛尚未谈拢。 根据最新爆料， 在与微软敲定新合作条款的同时，OpenAI已告诉部分股东，未来几年其交给微软的营收比例将大幅下降。 按照双方最初的合作协议， 微软有权获得OpenAI到2030年为止的20%收入。 而根据OpenAI的最新预期， 到本世纪末将与商业合作伙伴（主要 是微软）分享约8%的收入。 按照目前 的 营收测算，这两个比例之间的差额意味 着 OpenAI将额外保留超过500亿美元的收入。 目前尚不清楚微软与OpenAI宣布的非约束性协议中，是否包含收入分成计划的修改。据悉，OpenAI的部分高管也希望将部分尚未发布的产 品排除在分成协议外，例如每月费用可 ...

Group 1: Microsoft - Microsoft remains a leading player in various tech markets, including cloud computing, software, gaming, and AI, positioning itself as a company that is "too big to fail" in the tech sector [1] - The company has increased its dividend for 23 consecutive years, making it a reliable investment for Gen Z investors [7] Group 2: Broadcom - Broadcom has established itself as a strong dividend stock, raising its dividend for 15 consecutive years with an average annual increase of 14% over the past five years [2] - The company is recognized for its semiconductor products and has expanded into infrastructure software, playing a significant role in AI by enabling efficient communication in data centers [3] Group 3: Salesforce - Salesforce, a pioneer in customer relationship management software, is evolving into a digital ecosystem that can benefit from AI to enhance user experience [8] - The company has recently begun paying dividends, with a current payout that takes only 15% of its estimated 2025 earnings, indicating potential for future growth [9] Group 4: Alphabet - Alphabet is known for its Google search engine and YouTube platform, but it also has a strong cloud segment and is involved in emerging technologies like AI and quantum computing [10] - The company has recently avoided a forced breakup in its antitrust case, positioning it for a promising future, although it is new to the dividend scene [11] Group 5: Meta Platforms - Meta Platforms generates significant cash profits from its advertising business, leveraging its vast user base across various apps [12] - The company has recently initiated a dividend, with a current payout ratio of less than 8% of its estimated 2025 earnings, suggesting a long runway for future dividend growth [13]

Core Viewpoint - Microsoft's dividend is characterized by safety, consistent increases, and strong growth potential, making it an attractive option despite its low yield [2][13]. Group 1: Reliable Dividend - Microsoft earned $13.64 per share in fiscal 2025, paying out only a small fraction in dividends, with a quarterly run rate of $0.83, representing roughly 24% of last year's earnings per share [4]. - In fiscal 2025, Microsoft generated over $136 billion in net cash from operations, with free cash flow near $71.6 billion, while only paying $24 billion in dividends, indicating significant room for continued investment and dividend increases [5]. Group 2: Strong Dividend Growth Potential - The quarterly dividend has increased from $0.31 ten years ago to the current $0.83, reflecting a strong growth trajectory [6]. - Revenue rose 18% year over year in the fourth quarter of fiscal 2025, with Microsoft Cloud revenue climbing 27%, supporting the potential for further dividend increases [7]. - Management is bullish on growth prospects, with expected capital expenditures exceeding $30 billion in the fiscal first quarter, driven by strong demand signals, particularly in AI integration [8][9]. Group 3: Share Buyback Program - In fiscal 2025, Microsoft repurchased approximately $18.4 billion of stock and returned $9.4 billion via dividends and buybacks in the fourth quarter [11]. - A $60 billion repurchase authorization enhances the company's capital allocation strategy, allowing for aggressive business investment while returning capital to shareholders [11].

Group 1 - Jim Cramer remains optimistic about American ingenuity, highlighting Microsoft Corporation (NASDAQ:MSFT) as a key stock in his discussions [1] - Cramer emphasizes the importance of Microsoft’s cloud computing business, Azure, and compares it to Amazon's Amazon Web Services [2] - The relationship between Microsoft and AI giant OpenAI is noted, with Cramer suggesting that Azure's growth may be significant, although there are questions about its pace compared to Amazon Web Services [2] Group 2 - The article suggests that while Microsoft is a potential investment, there are AI stocks that may offer higher returns with limited downside risk [2] - A mention of a report on a cheap AI stock that benefits from Trump tariffs and onshoring is included, indicating alternative investment opportunities [2]