How Microsoft went from generative AI leader to laggard and what to do with the stock

• Microsoft has been the worst Big Tech stock lately. Here’s why it may become the best.

  Microsoft is getting more disciplined on AI spending and is better positioned than rivals for a consumer-spending slowdown, according to one analyst.
  
  MarketWatch - Mar. 13

• Adobe’s stock has been an AI laggard. A ho-hum earnings forecast is adding to its declines.

  Adobe Systems Inc. shares fell in after-hours trading Wednesday after disappointing quarterly earnings guidance, amid criticism on Wall Street that the software company is not yet monetizing ...
  
  MarketWatch - Mar. 13

• Baidu, once China’s generative AI leader, is battling to regain its position

  Baidu has released two new open-source AI models, including a reasoning model, as it vies to regain a leading position in China’s AI space.
  
  CNBC - 3d

• We're adding to our position in a hard-hit stock that benefits from lower mortgage rates

  It's our third stock purchase on Thursday as Wall Street continues its rough stretch.
  
  CNBC - Mar. 13
• 

  FTC Removes Posts Critical of Amazon, Microsoft, and AI Companies

  Business-guidance content published during the Biden administration has been removed from the Federal Trade Commission website.
  
  Wired - 3d

• How Microsoft's quantum breakthrough could solve the world's biggest problems

  Microsoft has unveiled a new quantum computing chip, claiming it created an entirely new state of matter to make it possible. Experts say the technology could revolutionize problem-solving, from ...
  
  CBS News - Mar. 13

• Verizon’s stock is beating the S&P 500 this year. Here’s why that could change.

  Verizon’s stock is headed for its worst two-day stretch since 2008 after a downgrade from Wolfe Research.
  
  MarketWatch - Mar. 12
• 

  What Is a Stock Market Correction?

  The S&P 500 has fallen 10.1 percent from its recent high, crossing a threshold that signals investors have turned pessimistic about stocks.
  
  The New York Times - Mar. 13
• 

  Netflix Games loses its vice-president of generative AI

  After embracing generative AI as a core part of its gaming strategy, Netflix's vice president of generative AI has left the company.
  
  VentureBeat - Mar. 12

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• Crypto super PACs pump cash into Florida as GOP faces risk of thinning House majority

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More in Business

• Nvidia's CEO sought to help the quantum companies and ended up causing another sell-off in the stocks

  Several quantum stocks ended Thursday in the red.
  
  CNBC - 11m

• Heathrow shutdown is a 'dramatic learning curve' in airport crisis management, expert says

  Heathrow Airport's closure has "very wide" implications for aviation, which is outpacing the growth of supporting infrastructure, said Anita Mendiratta.
  
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  Nike shares hit 5-year low as tariffs and consumer caution threaten sales

  Sportswear group issues weaker than expected revenue forecast in latest setback to turnaround effort
  
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• Where this Morningstar top-rated female fund manager is putting money to work

  Janet Rilling is a senior portfolio manager and head of the plus fixed income team at Allspring Global Investments.
  
  CNBC - 21m

• How Bryan Johnson Exploited Employees With NDAs

  Bryan Johnson, the longevity influencer, has curated a very specific image of himself, but our investigation found that he’s weaponized the use of confidentiality agreements. Kirsten Grind, an ...
  
  The New York Times - 25m