On September 30, 2024, SIT Investment Associates Inc made a significant addition to its investment portfolio by acquiring 116,893 shares of Tortoise Pipeline & Energy Fund Inc (TTP, Financial). This t
On July 26, 2024, SIT Investment Associates Inc made a significant addition to its portfolio by acquiring 1,982,368 shares of Gabelli Multimedia Trust Inc (GGT, Financial). This transaction, executed
Since hitting a record back in July and then selling off, shares of tech titan Microsoft Corp. MSFT have been a bit slower than others in getting back to highs. For context, the benchmark S&P 500 inde

Microsoft: It's A Marathon, Not A Sprint

01:44pm, Thursday, 03'rd Oct 2024
Microsoft Corporation is betting big on Artificial Intelligence, or AI. It's not certain that AI will deliver on its promise. Even if the AI phenomenon fails to take off, Microsoft will continue to de

OpenAI also secured a massive credit line

12:26pm, Thursday, 03'rd Oct 2024
In addition to OpenAI's new $6.6 billion megaround of funding at a post-money valuation of $157 billion, the outfit has secured a $4 billion revolving line of credit, it disclosed in a post Thursday n
Sarah Friar, OpenAI CFO, joins 'Squawk on the Street' to discuss the company's latest funding round, the growth and forecast that justiifes the valuation, and much more.
Microsoft gives its Edge web browser an unfair advantage and EU antitrust regulators should subject it to tough EU tech rules, three rival browsers and a group of web developers said in a letter to th

OpenAI establishes $4 bln credit facility

10:25am, Thursday, 03'rd Oct 2024
OpenAI said on Thursday it has established a new $4 billion credit facility with JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS, and HSBC, in addition to the $6
Artificial intelligence (AI) giant OpenAI has raised $6.6 billion in new funding at a $157 billion valuation—more than the market caps of companies like Uber Technologies (UBER) and Lowe's (LOW).
On top of OpenAI's long-awaited funding round that closed yesterday, the company has also put a $4 billion revolving credit line in place — bringing its total liquidity to more than $10 billion. JPM
REDMOND, Wash. and NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Microsoft Corporation (NASDAQ: MSFT) and Rezolve AI (NASDAQ: RZLV), a global leader in AI-powered commerce solutions, today announced a s
CNBC's Kate Rooney and Semafor business and finance editor Liz Hoffman join 'Squawk Box' to discuss the latest news from OpenAI.
REDMOND, Wash. and NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Microsoft Corporation (NASDAQ: MSFT) and Rezolve AI (NASDAQ: RZLV), a global leader in AI-powered commerce solutions, today announced a s
The iPhone maker was reported last month to have pulled out of talks to join in the latest investment round. There might be a good reason.
These companies are heavily investing in big growth areas -- such as artificial intelligence, cloud computing, semiconductors, and fintech.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE