FOX Business Briefs 6/19
Microsoft plans to slash thousands of jobs; new poll suggests partisan politics increasingly make its ways into the stock market; labor market deteriorated noticeably in the first quarter; styling app helps users figure out what to wear using AI.
'Tell China no!': New bill aims to crack down on China buying US land
FOX Business' Ashley Webster highlights which stock is at an all-time high and breaks down a new bill to crack down on China buying U.S. land on 'Varney & Co.'
Sony slashes PS5 prices as Nintendo and Xbox hike console costs
Playstation 5 sees price cuts as Sony's Days of Play 2025 begins, offering deals amid Nintendo Switch 2 release and Xbox price increases. Save on PS5 bundle and accessories.
Microsoft to host Musk's Grok 3 despite ongoing OpenAI legal battle
Microsoft and Elon Musk team up to bring Grok 3 to Microsoft users amid legal battle between Musk and Open AI/Microsoft.
Bill Gates pledges to give away nearly all his wealth and close his foundation in 2045
Bill Gates made a major announcement about his wealth and the Gates Foundation on Thursday. An Andrew Carnegie essay helped inspire his decision.
Microsoft shuts down Skype after 22 years, shifting users to Teams
Microsoft is no longer offering Skype and is helping its users make the transition to Teams as the service officially retires on May 5, 2025.
Fox Business Briefs 5/1
McDonald’s reports largest U.S. same-store sales decline since 2020; Tech giants Microsoft and Meta beat earnings expectations; Conagra strikes deal to sell Chef Boyardee; Fyre Festival brand is now up for sale.
Microsoft employees interrupt company event with anti-Israel protest
The two workers say their employment was terminated over the protests. (No Azure for Apartheid via Storyful)
The country needs more electricity — and more electricians
Across the country, where Microsoft has invested billions of dollars in infrastructure construction, we’ve hired many thousands of electricians. But it’s not enough.
Thousands of Microsoft customers affected by large-scale outage
Thousands of customers reported Microsoft 365 outages Saturday afternoon.
Wall Street's reaction to Nvidia's stock drop is way overdone: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari analyzes Microsoft and discusses how much further Nvidia stock could fall on 'Varney & Co.'
Microsoft's Majorana 1 chip accelerates the quantum computing timeline, tech expert says
Constellation Research founder R 'Ray' Wang analyzes Apple and Microsoft's new Majorana 1 quantum chip on 'Varney & Co.'
Market has been 'incredibly resilient' in the face of all these headlines, executive says
Greenwood Capital President and CIO Walter Todd and Strategic Wealth Partner CEO Mark Tepper discuss Walmart earnings, the decline in homebuilder confidence and the latest tech unveilings.
Apple's entire AI roadmap has been 'underwhelming,' expert says
The Futurum Group CEO Daniel Newman discusses Apple's iPhone 16e and whether Microsoft's new chip will fast track the quantum computing era on 'Varney & Co.'
Stuart Varney: America's tech titans jumped on the Trump train
'Varney & Co.' host Stuart Varney celebrates his 15th anniversary discussing the rise of American Big Tech companies.
This is a 'great opportunity' to invest in Meta, Microsoft: Market expert
Michael Lee Strategy founder Michael Lee discusses the selloff in Microsoft and Meta shares and explains why the two companies should be invested in.
Microsoft has underperformed but that's about to change: Tyler Radke
Citi co-head of U.S. software equity research Tyler Radke analyzes Palantir and Microsoft on 'Making Money.'
Microsoft's new AI safety tool finds, fixes errors: R 'Ray' Wang
Constellation Research founder R 'Ray' Wang discusses the effectiveness Microsoft Azure on 'Varney & Co.'
If America wants to win AI war it must embrace nuclear, fossil fuels: Daniel Turner
Power The Future founder and executive director Daniel Turner argues the coming nuclear age can solve America's electricity problems on 'Making Money.'
Three Mile Island nuclear plant to reopen following Microsoft deal
New deal between Microsoft, Constellation Energy Corporation paves way for reopening of Three Mile Island nuclear plant.