Microsoft CFO says OpenAI investment will cut into profit this quarter

Home » Blog » Microsoft CFO says OpenAI investment will cut into profit this quarter

October 31, 2024October 31, 2024

Microsoft has invested over $13 billion in OpenAI, a bet that’s weighing on the company’s profitability.

The founder of the biggest gold ETF is still bullish 20 years later
Citadel’s Ken Griffin says Trump’s tariffs could lead to crony capitalism
Stocks making the biggest moves midday: Netflix, Alphabet, Nvidia, BJ’s Wholesale Club and more
CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle
Stocks making the biggest moves premarket: Snowflake, Nvidia, BJ’s Wholesale and more
Intuit shares drop as quarterly forecast misses estimates due to delayed revenue
Bluesky CEO Jay Graber says X rival is ‘billionaire proof’
Alphabet shares slide 4% following DOJ push for Google to divest Chrome
Nvidia shares fluctuate as investors digest third-quarter earnings
Japan’s October headline inflation rate falls, but economists still see BOJ rate hike on the table