Regulators from the European Commission, which serves as the EU's competition watchdog, are examining Microsoft's Entra ID software, previously known as Azure Active Directory, the report said. Alphabet's Google Cloud on Monday ramped up its criticism of Microsoft's cloud computing practices, saying its rival is seeking a monopoly that would harm the development of emerging technologies such as generative artificial intelligence. Microsoft and the European Commission did not immediately respond to Reuters' requests for comment.
Zoom Video Communications Inc (NASDAQ: ZM) joined Big Tech players such as Microsoft Corporation (NASDAQ: MSFT) in riding the AI-hype wave. Despite intense and scary competition from Microsoft and Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL)-owned Google, Zoom managed to hold its ground as the industry finds itself in a period of transition as new AI-powered era continues to unfold. Zoom was a rewarded for its results with shares rising as much as 13% on Monday during extended trading. Fiscal Fourth Q
Among the Magnificent Seven stocks to buy and watch, Apple, Nvidia and Tesla stock are in new buy areas.