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,
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."
Microsoft said Christopher Young, its executive vice president of business development, strategy and ventures, has resigned and would leave the company. The technology company on Wednesday said Young has ceased acting in his role after informing the board of his decision. He will remain an employee of the company until the end of March.
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Shares of Goldman Sachs and American Express are seeing strong returns Wednesday afternoon, propelling the Dow Jones Industrial Average rally. Shares of Goldman Sachs and American Express have contributed about two thirds of the index's intraday rally,
Costco shareholders overwhelmingly voted against a proposal that the company characterized as a way to undermine DEI policies.
On a weekly basis, Wall Street's main indexes are set for their second straight week of advances, with the blue-chip Dow on track for its biggest weekly jump since October 2022, aided by Trump's artificial intelligence investment plans, signs of cooling inflation and robust earnings from big banks in the previous week.
The SPDR Dow Jones Industrial Average ETF Trust (DIA) is one of the largest and most liquid U.S. equity ETFs available to investors.