Microsoft ( MSFT ) and Palantir Technologies ( PLTR ) have formed a partnership to incorporate Palantir ( PLTR )'s advanced AI analytics into Microsoft ( MSFT )'s Azure cloud platform. After a significant drop in stock value, Microsoft ( MSFT ) rebounded above the $400 level, indicating renewed optimism. Despite recent market fluctuations, Microsoft ( MSFT )'s strategic alliance with Palantir (...

JERUSALEM, Aug 12 (Reuters) - Israel's shekel slipped as much as 1.7% against the dollar on Monday and Tel Aviv stocks shed more than 1% with investors becoming increasingly worried over a possible attack on Israel from Iran and Hezbollah. The shekel slumped to 3.7860 per dollar by 1556 GMT, a decline that saw the currency suffer its worst daily...

12:11 PM EDT, 08/12/2024 (MT Newswires) -- The S&P 500 and the Nasdaq Composite were trading in positive territory late Monday morning to kick off a new week that will feature a critical inflation data release, while the Dow Jones Industrial Average was basically flat. In company news, KeyCorp ( KEY ) secured a $2.8 billion investment from Bank of...

(Reuters) - Australian financial stocks are ruling the roost on the traditionally miners-led local main index, fueled by growing interest from equity funds that are wary of the commodity-backed sector due to poor Chinese demand. The financial sub-index, composed chiefly of the biggest lenders in the region, has risen more than 15% this year. In contrast, the local metals and...