A Microsoft executive will join Ross Stores’ board Oct. 1. A longtime director plans to retire.

Marvell Technology (MRVL) shares rose 5% to around $242 after announcing a new cloud-based payment security platform with Microsoft (MSFT) and Utimaco, targeting a $5B market by 2033. The platform, Azure Payment HSM v2, uses Marvell's LiquidSecurity hardware security modules (HSMs) and aims to simplify payment security for financial institutions. Analysts maintain a Strong Buy consensus rating with an average price target of $298.38, suggesting 24% upside.

OpenAI and Microsoft executives admitted in court documents that their AI tools substitute for news articles, threatening the industry. Microsoft CEO Satya Nadella and OpenAI's Nick Turley acknowledged the substitutive nature of their products. The Trump administration supported the companies' fair use argument. Microsoft's data shows significant drops in click-through rates for news content. The unsealed documents reveal internal discussions and projects related to AI training.

Nokia's U.S. shares rose 4.4% after announcing a Microsoft-backed data layer for telecom networks. The integration combines Nokia Data Suite with Microsoft Fabric, aiming to automate network tasks. Nokia's ADR reached $10.585, with 82 million shares traded. The companies did not disclose financial details or customer orders. Nokia's Q2 sales grew 8%, with AI-related orders at €2.8 billion.

Nokia (NYSE:NOK) shares rose 5% in premarket trading after expanding its AI-driven network automation partnership with Microsoft (NASDAQ:MSFT). The collaboration aims to accelerate AI-driven automation for telecom operators. Nokia's stock has gained nearly 70% in 2026. Earnings are expected on Oct 22, with analysts forecasting EPS of 8 cents and revenue of $5.81 billion. The stock has a Buy consensus rating with an average price target of $17.

Nokia (NOK) and Microsoft (MSFT) expanded their partnership to integrate Nokia Data Suite with Microsoft Fabric, aiming to automate telecom network operations. Nokia's stock rose 6.3% on the news, bringing its year-to-date gain to about 70%. The collaboration targets faster data processing and AI-driven network management, with initial use cases in VoNR assurance, geo-experience, and predictive maintenance.

A judge ordered Microsoft to disclose internal documents and search executives' communications in a case with ValueLicensing. The case revolves around allegations that Microsoft incentivized customers to shift to subscription services. Microsoft must explain why it did not disclose a 2013 'Second-Hand Software Presentation' earlier. The company has until November 30 to produce relevant documents. ValueLicensing aims to understand Microsoft's handling of the second-hand software market.