Microsoft Corp. , responding to Wall Street feedback, has pivoted its AI sales strategy to focus on selling Copilot rather than offering it for free as part of a software bundle. Company leadership set and essentially hit “some pretty big audacious goals” for selling Copilot in the quarter that ended in March, said Judson Althoff , chief executive officer of Microsoft’s commercial business, during...
Microsoft Corp. , responding to Wall Street feedback, has pivoted its AI sales strategy to focus on selling Copilot rather than offering it for free as part of a software bundle. Company leadership set and essentially hit “some pretty big audacious goals” for selling Copilot in the quarter that ended in March, said Judson Althoff , chief executive officer of Microsoft’s commercial business, during an internal meeting Thursday, according to people familiar with the remarks. The world’s largest software maker said in January that only about 3% of its customers were paying for Copilot, its flagship artificial intelligence tool for the workplace. The revelation didn’t go over well with some investors, who had hoped more customers would pay for the assistant. The stock has dropped 24% this year through Wednesday’s close, far behind the S&P Index. Through the end of last year, Microsoft was focused on driving free adoption of Copilot for existing office software customers in addition to selling it. Now, in response to analysts’ feedback, the company has zeroed in on persuading corporate customers to pay up, Althoff said in the internal meeting. Microsoft declined to comment. The company’s fiscal quarter ended earlier this week. Microsoft has set bold goals for paid Copilot subscriptions in the current quarter that will be “materially ahead” of the figure reported in January, Althoff said. The executive was responding to a question from an employee about how Microsoft is monetizing its AI tools. Several questions focused on AI strategy and how the company is navigating competition from OpenAI and other rivals. “We’re in a dog fight right now each and every day at the face of every single customer,” Althoff said. Microsoft’s pitch is based on working with all of the best AI models in a secure way, he said. Last month, Microsoft unveiled a new bundle of workplace software with the aim of getting more people to use its AI tools for the office. Its workplace AI tool costs abou...
Ambassador to NATO Matt Whitaker said President Trump is “reevaluating” the U.S.'s membership in the trans-Atlantic alliance. “I think that it’s very clear right now that President Trump is evaluating and reevaluating everything,” Matt Whitaker told Newsmax, according to The Hill . “Whether that is our involvement with NATO, whether that is our support to the European effort in Ukraine, or whether...
Ambassador to NATO Matt Whitaker said President Trump is “reevaluating” the U.S.'s membership in the trans-Atlantic alliance. “I think that it’s very clear right now that President Trump is evaluating and reevaluating everything,” Matt Whitaker told Newsmax, according to The Hill . “Whether that is our involvement with NATO, whether that is our support to the European effort in Ukraine, or whether that is anything else the United States is doing.” Whitaker added that Trump had not yet decided on whether the U.S. should pull out of the alliance. “We’re going to move out on his intent when he makes a decision,” Whitaker said. “Right now, everything’s on the table.” The U.S. founded NATO in 1949. The alliance currently has 32 members. More on SPDR S&P 500 ETF Trust, Vanguard 500 Index Fund ETF AAII Sentiment Survey: Neutral Sentiment Drops Q1 Was A Wild Ride, Here's What I'm Buying For Q2 2026: The Year AI-Related Job Losses Become Real Trump announces Pam Bondi stepping down as AG One year since the tariff shock of Trump's 'liberation day'
US Apartment Rents Post Largest Annual Decline Since 2017 In March: Report Authored by Rob Sabo via The Epoch Times (emphasis ours), The national median apartment rent shook off the seasonal winter chill and inched up by 0.4 percent in March from February to $1,363 , Apartment List reported. A sign is posted in front of an apartment building with available rentals in San Francisco on June 9, 2023....
US Apartment Rents Post Largest Annual Decline Since 2017 In March: Report Authored by Rob Sabo via The Epoch Times (emphasis ours), The national median apartment rent shook off the seasonal winter chill and inched up by 0.4 percent in March from February to $1,363 , Apartment List reported. A sign is posted in front of an apartment building with available rentals in San Francisco on June 9, 2023. Justin Sullivan/Getty Images However, the median rent was down by 1.7 percent from March 2025 , the largest annual decline since Apartment List began compiling records in 2017. By comparison, year-over-year growth peaked at 18 percent during the winter of 2021. Rents are generally soft or stagnant during the late fall and winter months as renters tend to forgo moving plans when it’s cold outside, but rates trend upward with warmer springtime and summer weather. The slight gain in March was the second consecutive monthly increase following a six-month span of declining rents, the Apartment List report said. “ This turn represents the market creeping out of the off-season, and we’ll likely see continued increases in the months ahead as moving activity ramps up, in line with typical seasonal patterns ,” researchers at the organization wrote. The national median rent peaked at $1,442 in August 2022 but has since trended downward, excluding seasonal jumps during the past three summers. Despite being 5.5 percent lower than its pandemic-induced peak, the national median monthly rent was still up 15 percent from $1,146 in January 2021. Rents have softened behind a massive buildup of new apartment inventory. According to a February report by the National Association of Homebuilders (NAHB), multifamily development starts peaked at 547,000 apartment units in 2022, though apartment starts had dipped by 35 percent from that level by 2024. Multifamily starts were expected to be stronger in 2025 at an estimated 413,000 new units, the NAHB reported. However, new multifamily construction i...
Chevron (NYSE: CVX) , one of the world's largest integrated energy companies, is often considered a reliable blue chip dividend stock. It's involved in upstream exploration and production, downstream refining and marketing, and chemical production. Chevron pays a forward yield of 3.6% and has raised its dividend annually for 39 consecutive years, even as oil prices have gone through some wild swin...
Chevron (NYSE: CVX) , one of the world's largest integrated energy companies, is often considered a reliable blue chip dividend stock. It's involved in upstream exploration and production, downstream refining and marketing, and chemical production. Chevron pays a forward yield of 3.6% and has raised its dividend annually for 39 consecutive years, even as oil prices have gone through some wild swings. Over the past three years, its stock has risen 22% and generated a total return of 38%, including its reinvested dividends. Will it maintain that momentum over the next three years, or should investors brace for a pullback? Image source: Getty Images. Continue reading
Live cattle futures are up 67 cents to $1.05 at midday. Cash trade has yet to get kicked off this week, with bids at midday of $238-242. The Thursday morning Fed Cattle exchange showed no sales on the 1,016 head offered, with limited bids of $238-239.50. Feeder cattle futures are...
Live cattle futures are up 67 cents to $1.05 at midday. Cash trade has yet to get kicked off this week, with bids at midday of $238-242. The Thursday morning Fed Cattle exchange showed no sales on the 1,016 head offered, with limited bids of $238-239.50. Feeder cattle futures are...
Soybeans are showing fractional to 3 cent losses in the front months. The cmdtyView national average Cash Bean price is down 2 3/4 cents at $10.97 3/4. Soymeal futures are down $3.00 to $3.60, with Soy Oil futures 150 to 172 points higher. Crude Oil is up $10.54 higher at...
Soybeans are showing fractional to 3 cent losses in the front months. The cmdtyView national average Cash Bean price is down 2 3/4 cents at $10.97 3/4. Soymeal futures are down $3.00 to $3.60, with Soy Oil futures 150 to 172 points higher. Crude Oil is up $10.54 higher at...
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In this article COIN USDC.CM= CRCL SHOP Follow your favorite stocks CREATE FREE ACCOUNT Costfoto | Future Publishing | Getty Images Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a trust bank, the company said Thursday. If finalized, the crypto exchange will be able to operate payment products in addition to its custody business u...
In this article COIN USDC.CM= CRCL SHOP Follow your favorite stocks CREATE FREE ACCOUNT Costfoto | Future Publishing | Getty Images Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a trust bank, the company said Thursday. If finalized, the crypto exchange will be able to operate payment products in addition to its custody business under federal supervision, Coinbase chief legal officer Paul Grewal told CNBC. "Over the long haul we will be able to explore, with the OCC, offering not just custody products but also other infrastructure products, particularly around payments, that we think will expand and extend crypto payments in all sorts of new and interesting and important directions," Grewal said. The company made clear it will not become a commercial bank, take retail deposits or engage in fractional reserve banking — the practice employed by big banks of keeping just a fraction of customers deposits in reserve while lending out the rest. Still, a trust charter would give it the legal authority, access to banking infrastructure and regulatory credibility to move, hold, and settle money more efficiently — and perhaps set it up to compete more with PayPal or Square . The approval is a preliminary agreement that Coinbase's application meets key regulatory requirements, subject to fulfilling certain conditions before it can actually operate as a trust bank. Coinbase would be regulated directly by the OCC, one of the three main federal banking regulators, rather than be subject to state-based regulation, which is a major pain point for companies in fast moving industries like crypto. Up until this point, that's been "the only way to go about this," Grewal said, nodding to President Donald Trump's promise to make the U.S. the "crypto capital of the world" in his second term. The Biden Administration before it famously maintained an anti-crypto stance that the industry believes hampered its growth and lead...
Intel Corporation (NASDAQ:INTC) stock is up 4% in Thursday trading, changing hands at nearly $50 after opening at $48.03. The move extends a strong run that has INTC stock up 35% year-to-date and 126% over the past year. Today is the last session before Good Friday, so some of the momentum may reflect pre-holiday position-squaring ... Intel Climbs 4% as AI Hardware Momentum and Fab Buyback Make th...
Intel Corporation (NASDAQ:INTC) stock is up 4% in Thursday trading, changing hands at nearly $50 after opening at $48.03. The move extends a strong run that has INTC stock up 35% year-to-date and 126% over the past year. Today is the last session before Good Friday, so some of the momentum may reflect pre-holiday position-squaring ... Intel Climbs 4% as AI Hardware Momentum and Fab Buyback Make the Bull Case Hard to Dismiss
Jessica Rosenworcel, Executive Director of the MIT Media Lab and former Chair of the FCC joins Bloomberg Businessweek Daily to discuss tech and pushing women's health forward, telehealth and convenience of care, why is women's health historically overlooked. As well as her FCC tenure and today's FCC evolution, media landscape. (Source: Bloomberg)
Jessica Rosenworcel, Executive Director of the MIT Media Lab and former Chair of the FCC joins Bloomberg Businessweek Daily to discuss tech and pushing women's health forward, telehealth and convenience of care, why is women's health historically overlooked. As well as her FCC tenure and today's FCC evolution, media landscape. (Source: Bloomberg)