Microsoft Corp. Vice Chair and President Brad Smith is offering career advice to students navigating AI-driven job disruption. In an interview with Axios published Tuesday, Smith said growing fear around AI and jobs is being amplified by hype from parts...
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While SpaceX made a sizzling debut in public markets, Microsoft's stock has remained stuck in the mud.
SpaceX (NASDAQ:SPCX) continued its remarkable post-listing advance on Tuesday, overtaking Amazon. com’s (NASDAQ:AMZN) market capitalization and briefly surpassing Microsoft as it climbed the ranks of the world’s most valuable publicly traded companies.
(Bloomberg) -- SpaceX shares are poised for a fourth straight day of gains, reinforcing the company’s place among the world’s largest after it surpassed Amazon.com Inc. by market value.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealShares
Microsoft could be a great buy on the dip.
Adobe and Microsoft boast strong ROIC and durable software franchises, but one trades at a far lower valuation after a deeper pullback.
Shopify (NasdaqGS:SHOP) shareholders approved all management proposals at the 2026 annual meeting, including executive compensation plans. Investors voted on a dedicated artificial intelligence policy, which did not pass, effectively backing the company’s current AI approach. Shopify continues rolling out AI across its platform, with its Sidekick AI assistant gaining traction among merchants. The company expanded AI-driven product discovery, integrating its commerce tools with external...
Microsoft has reportedly abandoned talks with Oracle to lease $3 billion in AI computing power after a stalemate over federal security regulations.
Microsoft (NasdaqGS:MSFT) is restructuring its Xbox division, closing studios such as Ninja Theory and Compulsion Games, and reviewing options that include a possible spin-off, joint venture, or tighter subsidiary structure. The company is aligning Xbox decisions with margin accountability, hardware cost trends, and its broader focus on AI partnerships and new Surface devices. These moves come as investors assess recent class-action lawsuits and how gaming fits alongside Microsoft's core...

<body><p>STORY: Wall Street's main indexes ended mixed on Tuesday, with the Dow gaining just under two-thirds of a percent to notch its second straight record-high close... while the S&P 500 shed more than half a percent and the Nasdaq dropped more than one percent.</p><p>Shares of Elon Musk's SpaceX ended nearly 5% higher, paring earlier gains. For much of the session, the rocket and AI company's value was above that of Amazon, and it briefly surpassed Microsoft's valuation, as retail investors continued to pour into the stock after its record-breaking IPO.</p><p>But Amol Dhargalkar, chairman and managing partner at Chatham Financial, warned of several risks that could trigger volatility for SpaceX and other AI-related stocks.</p><p>"I think that's a really difficult position to be in as a retail investor, especially when you consider the fact that there is a lot of risk, not just in the business model, but these are names where the cash flows are likely far into the future. And we are not in a period of 0% or negative interest rates or even declining interest rates at this point. </p><p>There's a lot of question as to whether interest rates will continue to be flat or will they go up. And that can certainly be a meaningful drag on valuations of high growth companies, especially where that growth is out far into the future."</p><p>Investors will look for clues on where interest rates are headed when the Federal Reserve concludes its latest two-day policy meeting on Wednesday, with Kevin Warsh holding his first press conference as Fed chair.</p><p>Other stocks on the move included shares of Olin, which sank nearly 6% after the chemical producer said it would acquire Huntsman in an all-stock deal valued at more than $2.4 billion. Huntsman shares also fell as the offer stood at a discount to the stock's recent price.</p><p>:: Yum Brands</p><p>And shares of Yum Brands rose after the fast-food company said it would sell its Pizza Hut chain for $2.7 billion, against a backdrop of softer consumer spending across the fast-food industry.</p></body>
The move builds on an already historic run. SpaceX priced its IPO at $135 per share on June 12, 2026, in what was the largest public offering in history, raising $75 billion initially. Underwriters exercised their greenshoe option on June 15, lifting total proceeds to $85.7 billion. Tuesday's close puts SPCX up roughly 50% from its IPO price in just four trading sessions, a pace that has rattled even the most seasoned market observers.

The Trump administration pushes harder on Anthropic (ANTH.PVT) after the private AI developer pulled its Claude Mythos and Fable 5 models from the market in response to demands to cut AI product access to foreign governments. Yahoo Finance Tech Editor Dan Howley joins the Market Domination team in reporting on the day's biggest tech headlines.
June 16 (Reuters) - Microsoft's discussions with Oracle regarding a cloud infrastructure leasing deal, potentially valued at more than $3 billion, have fallen apart due to security and compliance
Yahoo Finance Markets & Data Editor Jared Blikre tracks SpaceX's (SPCX) historic rise following its IPO debut on Friday. The aerospace giant has been on a meteoric run, jumping to become the fourth-largest company in the world by market capitalization as investors pile into one of the market's most closely watched new listings.

Microsoft (MSFT) is unveiling its latest generation of Surface and Surface Pro laptops, with price tags starting at $1,499. Yahoo Finance Tech Editor Dan Howley joins the Market Domination team to dive into the specs of these new PCs, which come amid the lengthy shortage in memory chip supply.
Databricks says AI demand and customer switches helped its warehousing business more than double over the past year.
NEOS Nasdaq-100 High Income ETF (NASDAQ:QQQI) offers a roughly 13.8% distribution yield, paid monthly, on a portfolio holding NVIDIA, Apple, and Microsoft. For income investors tired of 4% Treasuries and 2% dividend funds, QQQI looks like a cheat code. The question is whether that headline yield is durable income or partly a refund of your ... QQQI’s 13.8 Percent Monthly Yield Comes With a Hidden Cost Most Income Investors Miss
SpaceX shares surged again Tuesday, lifting Elon Musk's rocket company above Amazon into fifth place in market value as a record-breaking IPO gives way to a torrid buying frenzy.Shares of SpaceX have soared about 40 percent in three sessions since last week's IPO, which raised a record-breaking $85.7 billion.
Investors who prioritize stability and AI-driven growth may prefer buying Microsoft stock on the dip, while those seeking a potentially undervalued software leader could find Adobe particularly attractive at current levels.
Microsoft Corporation (NASDAQ:MSFT) is among the Top Stocks to Buy and Hold for the Long Term. On June 12, Reuters, while citing The Information, reported that Microsoft Corporation (NASDAQ:MSFT) is exploring options for significant structural changes in its Xbox division. The report noted that options under consideration include spinning Xbox off as a separate entity […]