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AI stocks lose appeal amid heavy spending and slowing earnings growth

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Investors eye Microsoft results and await key AI developments

Microsoft will report its earnings for the June quarter. The company is expected to report further growth, despite a slowdown in the annual pace. Its core business, Azure, remains the focus for investors.

30/07/2024

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European airports faced less IT outage chaos than the US - here’s why

It exposed the centralised nature of modern air travel, but not all airlines were equally affected.

23/07/2024

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US Congress calls Crowdstrike CEO to testify about global IT outage

The CEO of Crowdstrike, the cybersecurity company at the centre of Friday's global IT outage, is being called before a congressional committee.

23/07/2024

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European Commission denies responsibility for Microsoft IT outage

Last week's outage caused thousands of flights to be delayed or cancelled, leaving passengers stranded at airports.

23/07/2024

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Microsoft says 8.5 million computers affected by Crowdstrike glitch

The glitch was caused by a corrupted update which caused computers running Windows to crash, causing havoc across much of the world.

21/07/2024

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Mass IT outage: 'We will be more vulnerable' to crashes, expert warns

Despite testing, it is impossible to completely rule out crashes like the Crowdstrike outage, a computer science expert tells Euronews Next.

20/07/2024

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Services begin recovery after faulty update causes global IT crash

Crowdstrike's CEO George Kurtz apologised for the chaos and said the company had issued a fix but warned it could be "some time" before all systems were running normally.

20/07/2024

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Cancelled or delayed flight? How to claim compensation

Here’s everything you need to know about compensation and insurance coverage following the global IT outage.

19/07/2024

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Microsoft and CrowdStrike shares drop after IT outage savages systems

Shares in CrowdStrike and Microsoft were in the red on Friday after a global IT outage hit companies and industries worldwide.

19/07/2024

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At least 1,400 flights cancelled: Long queues at European airports

Should you go to the airport early and can you claim compensation?

19/07/2024

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How one of the biggest ever IT outages hit businesses globally

Companies, banks and airlines worldwide have been hit by a major IT outage which caused massive disruption to a wide range of services. Here's a look at the businesses and sectors that have been impacted.

19/07/2024

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US-China trade war fears hits Microsoft and Apple share price

The US has already imposed restrictions on Chinese companies such as Huawei, which prevents it from receiving semiconductor chips, as well as telecommunications equipment from US manufacturers.

18/07/2024

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Microsoft faces UK competition investigation over AI start-up hires

Microsoft faces UK competition investigation over hiring of AI startup's founder and key staff

16/07/2024

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Microsoft drops OpenAI board observer seat amid regulator scrutiny

Microsoft, ChatGPT’s most prominent financial supporter, announced it is withdrawing its observer seat on the OpenAI board as the collaboration received scrutiny from antitrust regulators.

11/07/2024

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Microsoft to pay millions in settlement over worker discrimination

The global software giant will pay millions to settle allegations it discriminated against employees who took leave.

04/07/2024

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OpenAI and Microsoft accused of breaching US copyright law

An American non-profit is suing OpenAI and Microsoft for allegedly breaching copyright law by using its material to train their AI models.

28/06/2024

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Microsoft breaches antitrust rules with Teams, EU Commission says

The tech giant already separated Teams and Office 365 but those efforts are not enough.

25/06/2024

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Microsoft reveals how AI is reshaping work at all levels

‘You can choose fear or you can lean in and learn’, Microsoft’s WorkLab co-founder on AI and the future of work.

21/06/2024

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Goldman Sachs lifts target predictions for S&P 500 in 2024

Most of the Magnificent Seven tech stocks are contributing strongly to the S&P 500’s advancements at the moment, with other sectors such as healthcare and materials also seeing promising growth.

17/06/2024

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Europe lacks data centres and training capacity, Mistral AI warns

French start-up also concerned about lack of diversity in language training models.

14/06/2024