Month: August 2025 (Page 2 of 2)

CNN BUSINESS | Microsoft has become the next $4 trillion company

Microsoft became the second company to reach a $4 trillion market valuation on Thursday, after its blockbuster earnings report on Wednesday night boosted the tech giant’s shares.

Microsoft’s shares (MSFT) jumped nearly 4.5% after the market opened on Thursday, pushing its intraday valuation to $4.01 trillion. The company’s shares have risen roughly 28% since the start of this year.

The milestone comes just a year and a half after Microsoft reached a $3 trillion valuation. The company first cracked the $1 trillion mark in April 2019. It follows Nvidia into the $4 trillion valuation club, which hit the mark earlier this month.  –read more–

CNN BUSINESS | Jamie Dimon and Trump finally had a meeting after battling for years

New York — President Donald Trump met at the White House last week with a powerful business leader he’s repeatedly clashed with in the past: JPMorgan Chase CEO Jamie Dimon.

During the Oval Office meeting, Trump and Dimon discussed the economy, trade, financial regulation and the Federal Reserve, a person familiar with the matter told CNN.

The meeting, first reported by The Wall Street Journal, follows years of tensions between two of the most powerful people on the planet. According to the Journal, Dimon and Trump have met twice in the past two months, and the meeting last week included Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.  –read more–