UK Watchdog Proposes Strategic Market Tag for Microsoft, Puts Excel and Copilot AI Under Competition Scrutiny
The U.K.'s competition regulator has proposed designating Microsoft as having a Strategic Market Status (SMS).
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SpaceX launches 2 rockets just 38 minutes apart, setting what Space.com called a new record for the shortest time between orbital flights.
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The U.K.'s competition regulator has proposed designating Microsoft as having a Strategic Market Status (SMS).
U.S. Bancorp reported record Q3 2026 net revenue of $8 billion with expanding operating efficiency. The bank is diversifying fee income through capital markets expansion (targeting 10%+ of revenue), scaling high-yield deposits via strategic partnerships like the Amazon small business credit card ($1.7B in period-end loans), and rebuilding capital to resume stock buybacks. Net interest margin expanded to 2.84%, positioning the bank to benefit from higher reinvestment rates.
Oracle is positioned as an attractive cloud computing investment alternative to Alphabet and Microsoft, with its cloud infrastructure business growing 121% and a record $664 billion backlog. However, heavy data center spending has pushed free cash flow negative, raising questions about whether Oracle can convert its customer commitments into sufficient profits.
https://www.politico.com/news/2026/10/16/anthropic-ai-safety-01124654
Kevin O'Leary says Elon Musk's relentless focus and avoidance of distractions drive his success, though they may come at a social cost.
Rocket Lab stock broke below a key support level and fell to its lowest point since December 9 after it delayed its Neutron product.