Heart: MSFT Morningstar Rating: ★ ★ ★ ★ ★ Estimated price versus fair value: 35% discount Performance to date: -17% Rationale: Microsoft has a wide economic moat, and its business is protected by factors such as its cost advantage and the “network effect,” said Dave Sekera, U.S. market strategist at Morningstar, referring to the tech
Canva co-founder Cameron Adams said there’s a way to get employees to stop worrying about AI: force them to use a specific AI tool. In an interview with Rapid Response published Tuesday, Adams said his staff can choose whichever AI tool they want. The interview was filmed during the Cannes Lions festival last month. “So,
South Korea’s SK Hynix has been on a rollercoaster ride recently, but little has actually changed in its position at the center of the AI boom. On Wednesday, the memory giant’s Seoul-listed shares rose as much as 13% after its Nasdaq-listed American Depositary Receipts rose 27% overnight. The rally followed a sharp sell-off earlier this
Christopher Nolan may be at the top of his game, but he still gets nervous every time one of his movies is about to be released. Appearing Tuesday on “The Daily Show,” hosted by Jon Stewart, the “Oppenheimer” director said releasing a movie is always daunting because he puts so much of himself into each
IBM shares fell more than 25% at the market close on Tuesday after the company said it had misinterpreted the boom in AI spending. On Tuesday, eight days before the company’s scheduled earnings conference call, CEO Arvind Krishna released a letter to shareholders detailing a quarterly “performance shortfall,” including lower-than-expected revenue. “While we anticipated some
The MLB All-Star Game is back and the best players from the National and American Leagues will face off tonight. We’ve highlighted everything you need to know about how to watch the MLB All-Star Game, including live streaming options for those without cable or antenna. If you’re hoping to tune in, you’ve come to the