Microsoft CEO just suspended defense contracts - here's what it means for your portfolio
Key Points
- Microsoft suspended cloud services for an Israeli Defense un...
Microsoft just pulled a move that would make your compliance department sweat bullets - they suspended cloud services for an Israeli Defense unit after finding evidence of surveillance activities. The stock barely flinched, dropping a whopping 0.3% on September 25th, which is like your portfolio sneezing while counting its 21% year-to-date gains.
While the Nasdaq managed a respectable 16% climb this year, Microsoft has been flexing with its 21% performance. But here's where it gets interesting for your wallet: this ethical stance could either be a masterstroke in reputation management or the ...
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