IRS says Microsoft owes an additional $29 billion in back taxes

CNBC's Steve Kovach joins 'Closing Bell: Overtime' to discuss the IRS' tax adjustments on Microsoft.

IRS notifies Microsoft it owes an additional $29 billion in back taxes

Microsoft Corp. MSFT, +1.23% on Wednesday said it has received a notice from the Internal Revenue Service that it owes $28.9 billion in back taxes plus interest and fines for the tax years 2004 to ...

LSEG CEO: Microsoft partnership allowing new developments

David Schwimmer, CEO of the London Stock Exchange Group, speaks to CNBC's Silvia Amaro at the IMF's annual meetings in Marrakech.

Could Snowflake Become the Next Microsoft?

Snowflake expects to maintain a CAGR of over 30% through fiscal 2029. It expects economies of scale to boost its operating and free cash flow margins.

Microsoft Debuts AI-Powered Data Tools for Doctors

Microsoft has unveiled artificial intelligence-powered products to help doctors glean insights from healthcare data. The product launch, announced Tuesday (Oct. 10), followed a similar debut this w...

Microsoft Launches New AI Solutions To Help Unlock The Power Of Healthcare Data

These new tools have significant potential to meaningfully improve care delivery.

Microsoft announces new AI tools to help doctors deliver better care

Microsoft introduced new solutions in Microsoft Fabric and Azure AI at the HLTH conference.

3 AI Stocks to Watch for Big Gains in the Next Five Years

Picking AI stocks that can make big gains in the next five years can seem like an embarrassment of riches. There are many companies to choose from.

24% Upside? Microsoft Stock Could Hit $410 On OpenAI Investment Payoff

With $30 billion in new revenue from Copilot and $100 billion valuation of its OpenAI stake, Microsoft could grow faster and enjoy a pop in its market capitalization.

Should Nvidia Stock Investors Be Worried About Microsoft Potentially Creating an AI Chip?

Nvidia dominates the AI market, and tech giants are making drastic moves.

Should Nvidia Be Worried About Microsoft's New Artificial Intelligence Chip?

It was reported Microsoft will be unveiling its in-house AI chip next month. The cloud giant and its subsidiary OpenAI are furiously looking for alternatives to expensive Nvidia chips.

Why Microsoft (MSFT) Outpaced the Stock Market Today

In the latest trading session, Microsoft (MSFT) closed at $329.82, marking a +0.78% move from the previous day.

Dear MSFT Stock Fans, Mark Your Calendars for Nov. 14

Fans of Microsoft (NASDAQ: MSFT ) stock are going to want to keep an eye on the tech company when Nov. 14 rolls around! That's when Microsoft will hold its Ignite 2023, which should see the introdu...

Microsoft - Upgrading To Buy: A.I. Monetization Is Here

We're upgrading Microsoft Corporation to a buy. We think the tougher global IT spending environment weighing on Azure revenue growth has been factored into the stock and outlook for H1FY24. We cont...


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