Microsoft is a leading global technology company known for its software products, services, and hardware devices. The company is best recognized for its Windows operating systems and the Microsoft Office suite, which facilitates productivity and collaboration for users worldwide. In addition to software, Microsoft also offers cloud computing services through its Azure platform, enabling businesses to leverage scalable and flexible computing resources. The company is actively involved in various sectors, including gaming with its Xbox platform, artificial intelligence, and cybersecurity, continually innovating and expanding its product offerings to meet the diverse needs of consumers and enterprises. Read More
JPMorgan sees tariff risks as manageable through modest price hikes, and believes Apple is better positioned than rivals due to its strong pricing power and supply chain leverage.
Pittsburgh, PA - May 23, 2025 - Cranston IT, a Pittsburgh-based leader in managed IT services, is helping businesses build stronger operational resilience through comprehensive and proactive IT solutions. With a focus on business continuity, cybersecurity, and scalable infrastructure, Cranston IT equips organizations to reduce downtime, protect assets, and adapt confidently to evolving technology demands.
Shares of smart home company SmartRent (NYSE:SMRT) jumped 8.9% in the pre-market session after reports indicated that President Trump was expected to issue executive orders to boost the nuclear energy sector. This news provides a significant tailwind for companies like NuScale, specializing in small modular reactors (SMRs).
Shares of online vehicle auction company Copart (NASDAQ:CPRT) fell 11.4% in the afternoon session after the company reported weak first quarter 2025 result that missed Wall Street's sales and EBITDA estimates, while earnings were in line. Overall this was a weaker quarter.
Shares of government consulting firm Booz Allen Hamilton (NYSE:BAH) fell 15% in the afternoon session after the company reported weak first quarter 2025 result: Revenue and EBITDA both missed. The shortfall came from slow contract signings, with the book-to-bill ratio slumping to 0.71x, showing the firm added less work than it delivered.
The Ninth Circuit affirmed a decision denying the FTC's application to block Microsoft's acquisition of Activision Blizzard. The FTC dropped the case and Trump's personnel changes may impact future tech regulation and antitrust enforcement.
BofA Securities on Thursday noted two key recently announced AI scale-up interconnect protocols: Nvidia Corp’s (NASDAQ:NVDA) NVLink Fusion and the Advanced Micro Devices, Inc (NA
