Young, who worked out of San Francisco, was among Microsoft's top executives, named in regulatory filings alongside CEO Satya Nadella, President Brad Smith, Chief Financial Officer Amy Hood, Chief Commercial Officer Judson Althoff, Chief Marketing Officer Takeshi Numoto and Chief Human Resources Office Kathleen Hogan.
Dragged down by negative returns for shares of NVIDIA Corp. and American Express, the Dow Jones Industrial Average is falling Friday afternoon. Shares of NVIDIA Corp. and American Express have contributed to the blue-chip gauge's intraday decline,
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a record it set in July.
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The pickup was especially fueled by millennials and Gen Z users, who spent more on experiences such as travel and entertainment.
Futures are near the all-time high of $2,826.30, set in late October, with the latest rally triggered by Trump's threat to impose tariffs on some of the biggest U.S. trading partners, including Canada, Mexico, Europe and China, Saxo said.
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Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a record it set in July.
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years. The announcement came during a White House meeting with President Donald Trump, who called it the "largest AI infrastructure project in history."
Several high-profile figures, including billionaire Frank McCourt and former U.S. Treasury Secretary Steven Mnuchin, have expressed public interest in acquiring TikTok’s U.S. business. Trump also mentioned that he has had private discussions with “many people” regarding a potential deal.
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