May 19, 2024
Investment

Billionaire Bill Gates Has 51% of His Portfolio Invested in 2 Brilliant Stocks

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

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Finance

Microsoft beats Q3 top and bottom lines on cloud strength

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

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