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WPP names Microsoft exec as new CEO as shares plunge after revenue warning
By City AM
Cindy Rose will take over from Mark Read as CEO of the advertising giant in September, as WPP battles declining revenues, key account losses, and a falling share price
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Barclays to roll out Microsoft's generative AI tool to 100,000 staff
Microsoft
Bank announces Microsoft 365 Copilot partnership at London Tech Week
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Microsoft is past its glory days and the stock is a sell, says 海角视频 fund manager
By City AM
Liontrust's innovation fund team, which is made up of Clare Pleydell-Bouverie, Storm Uru, and Jamie Clark, told City AM that they sold out of the tech giant's shares in the fund's portfolio
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Microsoft's AI and cloud strategy boosts shares with a 6% surge
By City AM
Microsoft shares jumped as much as 6.2% in after-hours trading on Wednesday, adding over $100bn to its market value, after the software giant blew past fourth-quarter earnings estimates.
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Nvidia, Apple, and Tesla stocks soar as Trump halts new tariffs, offering respite to tech giants
By City AM
The so-called magnificent seven tech stocks added more than $1.8tr in market value on Wednesday after Donald Trump unexpectedly paused a swathe of new tariffs, offering a rare moment of relief in an escalating trade war that had rattled big tech.
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Microsoft slashes 200 jobs in the 海角视频 as sales near 拢10bn in 2024
By City AM
The US tech giant reduced its headcount from 5,540 to 5,337 in the year to 30 June, 2024, new accounts filed with Companies House show.
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