MSFT Pops on OpenAI Agreement, Consumer Confidence Trends Higher
Schwab Network · Schwab Network
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Show Notes
Ahead of Wednesday's earnings, Microsoft (MSFT) jumped Tuesday morning after restructuring its deal with OpenAI. As Kevin Green explains, it changes the stake Microsoft has in the company but adds clarity to OpenAI's future with Azure cloud. Speaking of clarity, Kevin later notes the tick higher in consumer confidence and more data to come that will create a clearer economic picture.
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