Microsoft CEO Satya Nadella attends the World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026. Denis Balibouse | Reuters Microsoft has been a major player in the artificial intelligence boom, providing key cloud infrastructure and services and taking multibillion-dollar equity stakes in OpenAI and Anthropic. Now the company is making a concerted effort to compete with proprietary mo...
Microsoft CEO Satya Nadella attends the World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026. Denis Balibouse | Reuters Microsoft has been a major player in the artificial intelligence boom, providing key cloud infrastructure and services and taking multibillion-dollar equity stakes in OpenAI and Anthropic. Now the company is making a concerted effort to compete with proprietary models. At its Build developer conference in San Francisco on Tuesday, Microsoft announced MAI-Code-1, its inaugural model that takes written descriptions from people and spits out source code for applications and websites. The AI coding market, or vibe coding, has taken off of late, with developers and people without technical backgrounds using text-based prompts to produce sophisticated software. For Microsoft, there are economic benefits to providing its own models that can be passed onto developers as costs jump for using the leading models. Microsoft can run its models on its own Azure cloud infrastructure and avoid paying third parties such as OpenAI. In May, Google announced the Gemini 3.5 Flash model that can code and carry out other tasks, running in the search company's data centers. In addition to MAI-Code, Microsoft is introducing MAI-Thinking, a reasoning model, and is playing up the efficiency for both offerings. The reasoning model is medium-sized and "built for high efficiency and performance, but importantly, at a low-token cost," Kyle Daigle, Microsoft's developer marketing chief and GitHub operating chief, wrote in a blog post. Tokens are used by developers to pay for model use. Microsoft is attempting to play at more layers of the AI stack as OpenAI and Anthropic continue to record historic growth and push toward the public market. Anthropic said on Monday that it confidentially filed for an IPO, and OpenAI is also pursuing an offering potentially this year. Microsoft has invested $13 billion in OpenAI and $5 billion in Anthropic, while making their models...
Bellingham takes coveted shirt with Anderson given No 8 England train for first time in Florida ahead of World Cup Jude Bellingham has received a boost from Thomas Tuchel after being handed the coveted No 10 shirt for England’s World Cup campaign. Preparations began at a training camp in Florida on Tuesday and the midfielder Kobbie Mainoo said the squad believe “100%” that they can win the tournam...
Bellingham takes coveted shirt with Anderson given No 8 England train for first time in Florida ahead of World Cup Jude Bellingham has received a boost from Thomas Tuchel after being handed the coveted No 10 shirt for England’s World Cup campaign. Preparations began at a training camp in Florida on Tuesday and the midfielder Kobbie Mainoo said the squad believe “100%” that they can win the tournament. With two weeks to go until England’s opening World Cup fixture, 21 of Tuchel’s 26-man squad are in West Palm Beach for a week-long camp and the squad numbers were confirmed on Tuesday. Continue reading...
President Donald Trump signed an executive order Tuesday creating a "voluntary framework" for AI companies to share their frontier models with the federal government before they're released "to promote secure innovation and strengthen the cybersecurity of critical infrastructure." The order says the US AI industry has succeeded in part "because we refuse to stifle this innovation with overly burde...
President Donald Trump signed an executive order Tuesday creating a "voluntary framework" for AI companies to share their frontier models with the federal government before they're released "to promote secure innovation and strengthen the cybersecurity of critical infrastructure." The order says the US AI industry has succeeded in part "because we refuse to stifle this innovation with overly burdensome regulation," but that it also recognizes new AI capabilities come with security risks. Accordingly, it directs several federal agencies to come up with a framework to "assess the advanced cyber capabilities of AI models" before they're releas … Read the full story at The Verge.
Dell's phenomenal Q1 earnings report reveals a tectonic shift in the AI market. As the ultimate "general contractor" of the new AI buildout wave, Dell is positioned to capitalize on infrastructure spending beyond Big Tech.
Dell's phenomenal Q1 earnings report reveals a tectonic shift in the AI market. As the ultimate "general contractor" of the new AI buildout wave, Dell is positioned to capitalize on infrastructure spending beyond Big Tech.
Braskem SA is seeking backing from creditors to begin an out-of-court restructuring process ahead of debt payments scheduled for July, according to people familiar with the matter. The petrochemicals giant is evaluating a potential filing under Brazil’s extra-judicial restructuring framework once it secures support from holders of one third of its debt, the people said, asking not to be named disc...
Braskem SA is seeking backing from creditors to begin an out-of-court restructuring process ahead of debt payments scheduled for July, according to people familiar with the matter. The petrochemicals giant is evaluating a potential filing under Brazil’s extra-judicial restructuring framework once it secures support from holders of one third of its debt, the people said, asking not to be named discussing private details. Reaching that threshold would also allow the company to obtain a 90-day standstill on debt payments, they added. Braskem is aiming to enter the out-of-court process with the broad terms of the plan already agreed with groups of bondholders and banks, the people said. In the 90-day period, the company would seek support from creditors representing a majority of the debt, which is needed to approve a final restructuring plan. Still, seeking court protection through a so-called precautionary measure remains a possibility, some of the people said. The company’s shares fell as much as 6.3% following the news, as of 4:03 p.m. in Sao Paulo. Braskem declined to comment. Braskem had considered the precautionary measure — a temporary form of protection against creditors in Brazil — earlier this year when its financial situation worsened. It also mulled going ahead with an outright bankruptcy, people familiar said in early April. Read more: Braskem Warns on Going Concern Strain as Losses Widen Braskem has faced years of turbulence, including a prolonged downturn in the petrochemicals sector, repeated failed efforts by controlling shareholder Novonor SA to divest its stake, and mounting liabilities tied to the Alagoas salt mine disaster, which ultimately cost the company its investment-grade status. But supply-chain disruptions since the war in the Middle East began have been a boon for the petrochemical sector, lifting profits and improving margins. Braskem’s bonds have delivered returns of about 44% in the past three months, the best performers among emerging ...
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 initially was on track to snap its eight-session winning streak during the first hour of trading on Tuesday, but stocks staged a slight rally that put both the S & P 500 and Nasdaq on pace to close at record highs....
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 initially was on track to snap its eight-session winning streak during the first hour of trading on Tuesday, but stocks staged a slight rally that put both the S & P 500 and Nasdaq on pace to close at record highs. We'll see if that holds through the last few hours of trading. As of 2:30 p.m. ET, both indexes hovered near the flat line. A big theme in Tuesday's market: Several Magnificent 7 names came under pressure following Alphabet's announcement of an $80 billion equity offering to support its AI spending plans. Shares of Alphabet were down almost 3% in trading but slightly above their worst levels of the session. How the market absorbs the new supply from Alphabet's capital raise will be an important test ahead of several mega IPOs expected later this year, including those of SpaceX, Anthropic, and OpenAI. Jim Cramer has warned several times throughout the years that a wave of big IPOs could hurt the market rally . The idea is that fund managers will need to sell stocks to make room for the new "merchandise." Or could crypto become the source of funds? We have no view on that asset class, but it is interesting to see Bitcoin fall 5% Tuesday and drop below $70,000 per coin. For the year, bitcoin is down over 20%. Either way, to get ahead of this perceived threat of indiscriminate selling in support of the IPOs, we booked triple-digit profits Tuesday across three positions in the portfolio: Broadcom , Corning , and Wells Fargo . The first trade involved Broadcom, followed later in the day by the Corning and Wells trim. After the closing bell, Palo Alto Networks and Ulta Beauty report earnings. Before the opening bell on Wednesday, we'll see earnings from Medtronic , Ollie's Bargain Outlet , and Macy's . Later in the day, we'll be listening to Honeywell Aerospace's investor day. Th...
Earnings Call Insights: Hello Group (MOMO) Q1 2026 Management View Sichuan Zhang said the company “maintained steady business momentum in Q1” and outlined 2026 priorities across three tracks: “For MOMO, the goal is to ensure stable, sustained productivity of our cash cow business. For Tantan, to continue exploring a dating experience and efficient business model tailored for Asian users and for ou...
Earnings Call Insights: Hello Group (MOMO) Q1 2026 Management View Sichuan Zhang said the company “maintained steady business momentum in Q1” and outlined 2026 priorities across three tracks: “For MOMO, the goal is to ensure stable, sustained productivity of our cash cow business. For Tantan, to continue exploring a dating experience and efficient business model tailored for Asian users and for our new businesses, to deepen overseas presence, enrich our brand portfolio and build a long-term growth engine.” Sichuan Zhang tied MOMO’s product work to retention, saying “the combined upgrades in algo recommendation and product experience have lowered the barrier for users to find chat partners,” adding “this is the main driver behind the steady improvement in retention among existing users.” She also cited seasonality: “Q1 was affected by the Chinese New Year,” and said MOMO paying users “decreasing by 200,000 quarter-over-quarter to 3.7 million.” Sichuan Zhang described ongoing pressure on MOMO’s live business, stating “the year-over-year decline mainly reflects the ongoing impact of the new tax regulation and stricter local enforcement that came into effect in the second half of ’25,” and added the company “rolled out a new incentive-based revenue-sharing policy” for broadcasters and agencies “facing ongoing profit pressure during the tax compliance process.” On Tantan, Sichuan Zhang said paying users ended Q1 at “0.6 million,” with the decline “driven by 2 factors,” including “Alipay’s changes to its auto renewal paying rules.” She said Tantan is “piloted map-based social and AI chat features” and “unbundled membership features into a la carte offerings.” Cathy Peng reported “non-GAAP net income attributable to the shareholders of the company was RMB 328.8 million” and said Q1 profitability reflected mix and margin actions, with “non-GAAP gross margin for the quarter was 38.8%.” Outlook Cathy Peng guided Q2 revenue to “the range from RMB 2.45 billion to RMB 2.55 billi...
Broadcom was heading for a record close on Tuesday as news from two of the biggest names in tech gave its shares a boost. Broadcom stock climbed nearly 4% to $478.20, putting it on track for a new closing high, according to Dow Jones Market Data. Shares of the Broadcom have rallied for the past four trading sessions, gaining 13%.
Broadcom was heading for a record close on Tuesday as news from two of the biggest names in tech gave its shares a boost. Broadcom stock climbed nearly 4% to $478.20, putting it on track for a new closing high, according to Dow Jones Market Data. Shares of the Broadcom have rallied for the past four trading sessions, gaining 13%.