Seattle Times and Newsday sue OpenAI and Microsoft over copyright use

Microsoft, Meta, and Amazon have signed long-term nuclear power agreements. Microsoft's 20-year deal with Constellation aims to restart the undamaged reactor at Three Mile Island, adding 835 MW. Meta's 20-year agreement supports the Clinton Clean Energy Center in Illinois, with a 30 MW capacity increase. Amazon's contract with Talen Energy for up to 1.92 GW from the Susquehanna plant will ramp up by 2032. These deals aim to secure power for data centers, with potential impacts on grid supply and

Sony's PlayStation and Microsoft's Xbox are competing in a $46.9B console market in 2026. Sony reported 125M monthly active users and ¥937.1B in Q1 FY26 sales, with digital services driving growth. Microsoft's Xbox content and services revenue fell 10%. The launch of GTA 6 in November is expected to boost full-game spending by 17.5%, benefiting both platforms. The focus is shifting from hardware sales to digital engagement and subscriptions.

The Seattle Times and Newsday sued OpenAI and Microsoft, alleging unauthorized use of paywalled content to train AI models like ChatGPT and Copilot. The publishers demand destruction of the datasets and compensation. OpenAI claims fair use, while Microsoft offers to discuss solutions. The case follows similar lawsuits, including one by the New York Times, with the DOJ intervening, citing potential impacts on journalism and national security.

NVIDIA (NVDA) agreed to acquire Hugging Face for $12.93B. Ambarella (AMBA), Asana (ASAN), Samsara (IOT), and others reported earnings beats. Dell (DELL) and Salesforce (CRM) saw strong AI-driven demand. NIO (NIO) missed revenue estimates. TSMC (TSM) raised chip equipment spending. Meta (META) opposed AI regulation. Broadcom (AVGO) and Microsoft (MSFT) expanded AI chip and reporting initiatives.

Stifel raised its price target for Microsoft (MSFT) to $530 from $450, citing Azure's growth and Microsoft 365 Copilot adoption, but maintained a Hold rating due to competitive concerns. The firm noted Azure's Q4 2026 growth at 43% and expects 45% in Q1 2027. Analysts highlight enterprise-wide Copilot adoption and infrastructure efficiency as key drivers. Microsoft's average analyst target is $571.41, with a Strong Buy consensus.

Microsoft (MSFT) is trading at $500.16, within a range between $496.02 (20-day SMA) and $504.27 (7-day SMA). Technical indicators are mixed, with RSI at 56 and Stochastic oscillator showing tentative upward momentum. Volume and open interest suggest new money entering, but professional traders are heavily short. Analysts remain bullish, with a consensus price target of $562. The stock's fundamentals, including strong revenue growth and a large backlog, support a positive outlook, but near-term p