The billionaire said in posts on X that the consumer tech giant was violating antitrust laws by giving preferential treatment to OpenAI on the App Store.
Microsoft's strong Q4 earnings and double-digit revenue growth signal continued momentum and room for further stock appreciation. Aggressive AI expansion, rapid Copilot adoption, and a lucrative OpenAI partnership position Microsoft to thrive in the AI era. Cloud business, especially Azure, is growing rapidly, contributing significantly to revenue and supporting a bullish long-term outlook.
Elon Musk has accused Apple Inc (NASDAQ:AAPL, ETR:APC) of unfairly favoring OpenAI over AI competitors such as his startup xAI in its App Store, threatening to take legal action over what he alleges is an antitrust violation. In a series of posts on his social media platform X on Monday, Musk accused Apple of only allowing OpenAI's ChatGPT to rank first in mobile apps on its store.
Markets are diverging from the real economy, with stocks nearing highs while economic data shows underlying weakness. Tight credit spreads and surging tech stocks contrast with rising corporate bankruptcies and persistent inflation near 3%. Structural fiscal deficits and a weakening U.S. dollar threaten long-term U.S. market appeal and could push yields higher.
Cybersecurity has evolved from a niche idea to a popular tech-investing angle as companies in the space have grown and the need for online security has become ubiquitous. Many leading cybersecurity companies are also deeply invested in artificial intelligence (AI), utilizing the latest models to identify, detect, and eliminate threats more quickly than ever.
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