Microsoft Corp. MSFT President Brad Smith justified employee terminations following Gaza-related office protests while announcing an external investigation into alleged Israeli military misuse of Azure cloud services for Palestinian surveillance.Executive Defends Protest FiringsAt an internal Thursday meeting, Smith delivered blunt messaging to Microsoft employees regarding recent terminations. “Anybody who is smart enough to get a job at Microsoft is smart enough to know that you don’t get to storm in and ...

Last month, the number of Amazon's internet-beaming Kuiper satellites in orbit barely hit three digits. By last week, the world's U.S. largest retailer was snatching its first contract to supply in-flight WiFi to an airline — many of which have already contracted to employ the rival services of SpaceX's Starlink mega-constellation.There was always bound to be a first airline to make the jump to Amazon's low Earth orbit satellite network and test out Project Kuiper's pledge of fast, reliable connectivity. An ...

A person walks by The Spheres at the Amazon.com Inc. headquarters in Seattle, Washington, on Nov. 14, 2022.Amazon suspended a software engineer who protested the company's work with the Israeli government, CNBC has confirmed.Ahmed Shahrour, a Palestinian engineer who works for Amazon's Whole Foods business and is based in Seattle, was informed Monday morning that he was being suspended with pay "until further notice" after he posted messages on Slack criticizing the company's ties to Israel."It has come to ...

The other question I had is aside from the sports thing, we heard Julia Borston ask us or tell us about this potential deal between Paramount and Warner Brothers Discovery. Both stocks are moving massively on the news. What exactly would that look like.Could it even happen. Yeah. So, even in the past 20 minutes, my colleague Lillian Rizzo and I um can confirm that the Wall Street Journal story is true.Uh Paramount is in fact working on a bid. They have hired a bank. So, this is fairly advanced from that sta ...

Larry Ellison and Elon Musk are trading the title of the richest person on the planet. Ellison took the crown on Wednesday as Oracle stock surged, but Musk reclaimed it by the end of the day. Oracle shares have roughly doubled this year thanks to AI buzz, while Tesla shares have receded. Elon Musk is the world's richest person again — but only just. He and Larry Ellison are vying for the title after Oracle's remarkable stock surge. The enterprise-software giant's cofounder briefly leapfrogged the ...

DigitalBridge Group (NYSE:DBRG) Conference Summary Industry Overview - The infrastructure ecosystem is facing significant challenges with 57 companies competing globally for business [5] - This year is projected to be the largest in terms of capital expenditure (CapEx) deployment across the ecosystem [5] - The company emphasizes the importance of capital and power in the current market [6] Key Insights on Infrastructure - The demand for mobile infrastructure, particularly towers, is experiencing a resurgence, with leasing demand at its highest since 2013 [8] - Mobile data traffic is expected to increase between 3x and 5x, driven by the rise of AI and connected devices [9][11] - The number of connected wireless devices is projected to grow from 30 billion today to 60 billion by 2033 [11] - Machine-to-machine connectivity is identified as the fastest-growing area of data consumption in AI [12] Fiber and Tower Infrastructure - The company is optimistic about the mobile infrastructure sector, particularly due to the growth in machine-to-machine connectivity and AI inferencing [13] - There is a notable increase in new construction, with Vertical Bridge expected to deliver 1,000 towers this year, up from 800 last year [18] - The company is focusing on both residential and commercial fiber businesses, with significant investments planned [20][21] Data Center and Power Strategy - DigitalBridge is investing heavily in data centers, with an average spend of $10 million per megawatt, which has increased to $11-$12 million [30] - The company has a power bank of 22 gigawatts and aims to lease this capacity over the next three years [32] - The U.S. is facing a significant power gap, with a need for 200-300 gigawatts of new power generation [49] - DigitalBridge is exploring building grid-independent power solutions and microgrids to address power challenges [50][55] Financial Performance and Future Outlook - The company is focused on converting megawatts into carried interest, which is expected to significantly enhance its net asset value (NAV) [59] - Fee-related earnings (FRE) are projected to grow, with a goal of achieving a 40% margin by year-end [61] - DigitalBridge is transitioning from a digital REIT to a financial alternative space, which presents both challenges and opportunities [42] Conclusion - DigitalBridge is positioned to capitalize on the growing demand for digital infrastructure, particularly in mobile, fiber, and data center sectors, while addressing power supply challenges through innovative solutions [55][61]

Amazon's latest push into fast grocery delivery had a surprising beneficiary: Instacart. Both Amazon and Instacart are competing to deliver your weekly supermarket haul — or maybe a fill-in trip for milk. Last month, Amazon said it had expanded same-day delivery on perishable groceries, such as meat and frozen foods, to 1,000 cities and towns, with plans to reach more than double that many by year's end.That's a threat to Instacart, which offers delivery and other services to grocers like Aldi and Costco. ...

By Noel Randewich and Lewis Krauskopf (Reuters) -Wall Street's "AI trade" has propelled the market to record highs this year, and Oracle's stunning share-price gains are giving investors another reason to back the trade. Oracle shares jumped 36% on Wednesday after the company pointed to a demand surge from AI firms for its cloud services. The surge lifted its market value to $922 billion, leapfrogging the values of Eli Lilly LLY.N, JPMorgan Chase JPM.N and Walmart WMT.N. Gains this year for Oracle, Broa ...

To gain an edge, this is what you need to know today.Labor Market Steals The ShowPlease click here for an enlarged chart of SPDR S&P 500 ETF Trust SPY which represents the benchmark stock market index S&P 500 (SPX).Note the following:The chart shows that the stock market continues to levitate well above zone 1 (support).RSI on the chart shows divergence.  This is a negative as this indicates the stock market is losing internal momentum even as it makes new highs.Consumer Price Index (CPI) was supposed to be ...

Amazon.com, Inc. (NASDAQ: AMZN ) is one of the very few stocks I rate as a Strong Buy. I hold this stock myself, and add more whenever I see a nice opportunity - like after theI’m passionate about finance and investing, focusing on business analysis, fundamental analysis, valuation, and long-term growth, especially in sectors like AI, fintech, finance and tech. I study finance and economy and have hands-on experience in equity research, financial modeling, and creating investment content. I actively analyze ...