The Bill and Melinda Gates (BMG) Foundation Trust had $42 billion invested across 24 stocks as of the fourth quarter, but 51% of that sum was concentrated in two positions: 34% in Microsoft (NASDAQ: MSFT) and 17% in Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). What makes the BMG Foundation Trust noteworthy is its 41% return
Amazon.com plans to spend US$9 billion to expand its cloud computing infrastructure in Singapore, the latest global technology company to boost investment in Southeast Asia. The outlay, to be done over the next four years, doubles the investment of subsidiary Amazon Web Services (AWS) in Singapore and helps it meet growing customer demand for cloud
Microsoft’s chief executive officer met the president of Indonesia on Tuesday, pledging a $1.7 billion investment in artificial intelligence and cloud computing to help develop the archipelago’s AI infrastructure. Indonesia is Southeast Asia’s biggest economy with a population of around 280 million across its sprawling archipelago and there is a growing demand for data centres
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Investors were treated to two different versions of artificial intelligence this week. And both sound pretty good. Microsoft (MSFT) announced a partnership with Coca-Cola (KO) in which the soft drink king would pay
Microsoft (MSFT) shares rose on Friday after it reported its fiscal third quarter earnings, beating analysts’ estimates on the top and bottom lines on the strength of its cloud computing business. “Microsoft Copilot and Copilot stack are orchestrating a new era of AI transformation, driving better business outcomes across every role and industry,” Microsoft CEO
US stocks were set to bounce back on Friday as Alphabet (GOOG, GOOGL) and Microsoft (MSFT) earnings revived hopes for a Big Tech-led rally. But a key inflation report ahead could put a spoke in the wheel. S&P 500 (^GSPC) futures rose roughly 0.8%, while contracts on the tech-heavy Nasdaq 100 (^NDX) jumped 1%. Futures
Let’s face it you need to multitask quite often, and at this point, you expect the technology and software surrounding you to do the same. Outlook can help. Let’s face it, you need to multitask quite often and at this point, you expect the technology and software surrounding you to do the same. However, when
Having co-founded the world’s largest software company, Microsoft, Bill Gates is one of the richest people in the world, worth an estimated $152 billion, according to Forbes. While he and his ex-wife Melinda French Gates have donated a decent portion of their fortune through the Bill and Melinda Gates Foundation (which still remains intact despite
Stocks struggled to regain momentum Tuesday afternoon following a morning dip, as economists predicted that Wednesday’s Consumer Price Index report would show a 3.4% annual inflation rate, up from 3.2% in February. Investors have been hoping for the Federal Reserve to cut interest rates as joblessness remains low and inflation wanes. But a potential inflation
Microsoft will reportedly invest $2.9 billion for artificial intelligence projects in Japan. The investment will go toward expanding Microsoft’s cloud and AI infrastructure in the country, training 3 million people in AI and setting up a Microsoft Research Asia lab in Tokyo, Reuters reported Tuesday (April 9). The company will announce this investment Tuesday, while Japanese Prime Minister