Microsoft's decades-long battle with EU antitrust regulators
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/28/2026
- First Financial to acquire Hickory Point Bank in $111.3M deal
- Affirm Holdings (AFRM) Tops Q4 EPS by $3.77, Beats on Revenue
- Nasdaq, S&P 500 lifted by Nvidia's forecast; investors eye speech by Fed's Warsh
- Ovintiv adds 41,000 acres in Permian and Montney deals
- Russia says it could strike UK military targets in response to Kyiv's use of British missiles
Microsoft: Gen-AI CapEx efficiency significantly outpacing that of Azure build out - Goldman
June 25, 2024 8:59 AM EDTGoldman Sachs reiterated its Buy rating on Microsoft (NASDAQ: MSFT) with a $515 price target in a note this week, citing strong returns on the company's investments in Generative AI (Gen-AI).
While some investors are concerned about the return on investment (ROI) for Gen-AI, Goldman Sachs sees parallels to the company's successful Azure cloud computing build-out.
"We draw several parallels to the Azure infrastructure build-out in which Azure CapEx intensity (CapEx / Azure Revenue) stabilized... More
Microsoft faces potential EU fine after antitrust warning over Teams app
June 25, 2024 8:18 AM EDTMicrosoft Corp. (NASDAQ: MSFT) could face a major fine from the European Union after regulators accused the company of abusing its market power by bundling the Teams video-conferencing app with its other business software.
The European Commission, EUs executive arm, issued a statement of objections, alleging that Microsoft's practice of including Teams with its Office 365 and Microsoft 365 packages violated the blocs competition rules.
The EU regulator stated that since at least 2019, Microsoft's actions... More
