Microsoft has issued a "red envelope": a 10% increase in dividends and plans to repurchase up to $60 billion.
Microsoft's quarterly dividend increased by 10% to $0.83 compared to the previous quarter. The board of directors has approved a new share repurchase program that does not have a deadline and may be terminated at any time.
News Highlights: Top Company News of the Day - Tuesday at 3 PM ET
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Blackbaud and Microsoft's Tech for Social Impact Team Collaborating to Bring Sophisticated Cloud Technology, AI and Analytics to Nonprofits
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Nordic to Create New National Rural Health IT Community
Microsoft and the United Arab Emirates AI company G42 will open two centers in Abu Dhabi.
According to Reuters, microsoft and ai company G42, based in the United Arab Emirates, announced on Tuesday that they will establish two centers in Abu Dhabi to carry out 'responsible' ai projects. The two companies stated that this trade is based on their partnership established in April, under which microsoft will invest $1.5 billion in G42. The first center will bring together academic researchers and ai practitioners from the private sector to develop and share best practices for responsible ai. Another center will focus on developing large language models for 'underrepresented languages'.
Rezolve AI Joins OpenAI's "Strawberry" Release, CEO Wagner Highlights Need For Industry-Specific AI Solutions Like Brain Suite And Brainpowa LLM To Transform Retail And Commerce
Bit-Wizards Encourages Businesses to Consider Microsoft Copilot Opportunities and General AI Risks
Microsoft Stock Drives Dow After Dividend Hike
Microsoft Buyback, Dividend Hike Continues Strategy But Sends Signal -- Market Talk
Microsoft Raised Its Dividend 11%. These 3 Raised It More. -- Barrons.com
How much impact does the rate cut by the Federal Reserve have on the "Seven Tech Giants"?
The rate cut may not bring as much help to the 'Seven Giants' as in the past.
Microsoft on Track for Longest Winning Streak Since November 2023 -- Data Talk
Biggest Even Microsoft Buyback, New Retail Sales Go Against Prevailing Wisdom, Trump Crypto Project
'Long Magnificent 7' Remains Most Crowded Trade, BofA Survey Says -- Market Talk
US stocks in early trading | The three major indexes rose collectively, Chinese concept stocks and technology stocks strengthened collectively, Li Auto Inc rose nearly 9%, Tesla rose over 3%.
USA retail sales exceeded expectations in August, indicating that the consumer situation in the USA remains healthy. The Federal Reserve will begin its two-day monetary policy meeting today and announce the meeting results tomorrow. Wedbush brokerage stated that AI stocks like Nvidia will benefit from the Fed's rate cut.