Microsoft on Monday said it was investing in the London Stock Exchange in a deal that will see the stock exchange use the software giant’s data and cloud infrastructure. Microsoft Read more
Tag: Billions
Who is Sam Bankman-Fried, the FTX CEO who lost billions in crypto?
Sam Bankman-Fried, or SBF as he’s known, is in the news because of the liquidity crisis his FTX crypto exchange is facing and the billions of dollars he’s suddenly lost. Read more
Morgan Stanley funds have billions riding on a bet against Goldman Sachs. It depends what happens on Thursday.
A long-running bet on the value of the Chinese yuan placed by several Morgan Stanley funds are close to reaching their strike price ahead of Thursday’s expiration. Several Morgan Stanley Read more
Opinion: The cloud boom has hit its stormiest moment yet, and it is costing investors billions
The cloud boom has finally reached a resting altitude, but Wall Street is doing anything but resting. Amazon.com Inc. AMZN, -4.06%, the original pioneer in cloud computing, confirmed Thursday what Read more
Intel stock rises as earnings, PC-chip sales come in ahead of Street view, and billions in cost cuts planned
Intel Corp. shares surged Thursday after the chip maker topped Wall Street earnings estimates for the quarter and PC-chip sales came in slightly higher than expected, while the company trimmed Read more
The number of millionaires will nearly double around the world by 2026 and the U.S. economy loses billions of dollars a year due to the sharp decline in refugee admissions
Hi, MarketWatchers. Don’t miss these top stories. Mark Cuban says Gen Z is the ‘greatest generation,’ and calls baby boomers ‘disappointing’ ‘Boomers are gonna go down in history as the Read more
U.S. economy loses billions of dollars a year due to the sharp decline in refugee admissions, economists says
The decline of refugees arriving in the U.S. costs the overall economy over $9.1 billion a year, according to a peer-reviewed paper published in the Oxford Review of Economic Policy. Read more
Report finds Americans with long COVID losing billions in wages, as Moderna sues Pfizer and BioNTech over mRNA patents
Some 16 million Americans of working age have long-term COVID and as many as 4 million are not working as they struggle with their symptoms, according to a new report from Read more
Opinion: Here’s the big concern with chip makers scoring billions in funds from Uncle Sam
On the day that Congress finally passed a long-awaited funding package for domestic U.S. chip production, Intel Corp. slashed $4 billion from its spending plans while detailing disappointing earnings that Read more
The U.S. bets billions of dollars on better COVID-19 boosters as it prepares for a spike in COVID-19 cases in the coming months
The U.S. is gearing up for another wave of COVID-19 infections in the fall and winter following a flurry of activity this week that included putting billions of dollars toward Read more
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