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Microsoft has invested $12 billion in OpenAI over the past seven years, and now has a 27% stake in that company worth a staggering $230 billion.
U.S. stock futures were mixed on Wednesday after Monday’s mostly lower close. Dow Jones futures fell, whereas S&P 500 and Nasdaq 100 indices were rising. This follows President Donald Trump‘s visit to China along with Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang, Tesla Inc.‘s (NASDAQ:TSLA) Elon Musk, Apple Inc.’s (NASDAQ:AAPL) Tim Cook, BlackRock Inc.‘s (NYSE:BLK) Larry Fink, and Qualcomm Inc.‘s (NASDAQ:QCOM) Cristiano Amon. Before leaving, Trump said on Tuesday that Americans' financial struggle
Scott Melker discusses Coinbase cutting 14% of staff, Morgan Stanley undercutting crypto exchanges, Michael Saylor pivoting from 'never sell' to new 'net buyer,' and other big crypto headlines of the day. “The Daily Wolf with Scott Melker” airs on Yahoo Finance every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
APO Q1 earnings miss as rising expenses overshadow record fee income, even as AUM tops $1T on strong inflows and capital formation.