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Following Sam Altman’s Hiring As CEO Of OpenAI, Microsoft Stock Rises To An All-time High.

On Monday, Microsoft’s stock hit a record high following the announcement that Sam Altman, the former CEO of OpenAI, will lead the company’s artificial intelligence innovation division. The tech giant’s shares increased 2.1% on Monday to close at an all-time high of $377.44, shattering the previous record of $376.17. Following a back-and-forth over the course … [Read more…]

Germany’s Stock Market Recently Set A New High In Spite Of The Country’s Struggling Economy. Why Is That?

Wednesday saw the opening of Germany’s benchmark stock index at an all-time high, as investors’ growing confidence that interest rates will soon be lowered outweighs concerns that the nation might be going through a recession. The DAX closed at a record high of 16,533 points the day before, but as trading got underway on Wednesday, … [Read more…]