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2026-06-12 23:22 1mo ago
2026-06-12 10:00 1mo ago
FROM SMARTPHONE TO PODIUM: CANDY CRUSH ALL STARS CROWNS ITS 2026 CHAMPION FOLLOWING MONTHS OF COMPETITION
MSFT Microsoft
FMP Stock News
Original source text
Candy Crush All Stars crowned its 2026 Champion. Luana from Brazil emerged victorious, amongst millions of players worldwide who competed for a coveted spot in the Live Final One of the biggest All Stars Live Final yet brought together finalists from the United States, Brazil, Germany, Spain, and beyond, in London to compete on stage for a share of the $1 million prize pool and a custom Icebox championship ring A brand-new bonus round added an extra layer of excitement to the Live Final, with one player winning an additional $10,000 in the tournament's fastest-paced challenge yet , /PRNewswire/ -- What started on a phone screen ended on a live stage in London. Candy Crush All Stars has crowned its 2026 Champion. Luana from Bahia, Brazil claimed the title in the Live Final, after competing against millions of players from across the globe, emerging victorious at the tournament's biggest-ever Live Final in London.

Luana from Brazil is Named Candy Crush’s 2026 All Stars Champion

Custom Candy Crush All Stars 2026 championship ring created by Icebox

All Stars 2026 Finalists Competing at their chance to win this year's tournament She takes home a share of $1 million and a custom Candy Crush-inspired championship ring from Icebox, a multicoloured showpiece set with sapphires, rubies, emeralds and pink sapphires crafted into the game's most iconic shapes, from Colorbombs and clusters to red Candies brought to life in stone. At its centre, a spinning blue Wrapped Candy dome that's as playful as the game itself, with the Candy Crush Saga name etched in gold along the band. Luana barely waited for the moment to sink in before she had the ring on her finger, a one-of-a-kind piece designed just for this moment and for the player who earned it.

The Live Final marked a major evolution for the competition, transforming what began as everyday mobile play into a full-scale live spectacle. Finalists from the United States, Brazil, Germany, Spain, and beyond, competed on stage in front of fans, family, and media. For the first time, the Live Final introduced a bonus round - a fast-paced, high-intensity challenge that pushed players to their limits in a way the competition has never seen before - with the winner of that bonus round walking away with an additional $10,000.

The Live Final brought together an extraordinary group of competitors, reflecting the scale and diversity of the Candy Crush community. Players travelled from across the globe to compete in London, including Ingrid and German, a husband and wife duo from California's Bay Area, who both advanced to the final stage of the tournament independently, turns out two of the world's best Candy Crush players have been sharing a household all along.

After weeks of competition spanning 25 countries and millions of other Candy Crush players to secure a spot at the Live Final, Luana, an art student from Bahia, Brazil, ultimately claimed the championship title in the Live Final, becoming the Candy Crush All Stars 2026 Champion.

"I started playing Candy Crush a while back, it was just something I loved to do, a game that always made small moments fun. I never imagined it would one day take me to a live stage in London to compete against the best players in the world. To come home as the Candy Crush All Stars 2026 Champion is something I will carry with me. I am so incredibly proud," said Luana, Candy Crush All Stars 2026 Champion.

"At King, we've always believed that casual games can create moments of real skill, connection and joy at a huge scale. All Stars brings that to life in a way that only Candy Crush can. Seeing the finalists bring their passion and talent to a live stage in London to compete at such a high level is a powerful reminder of what makes our community so special. This tournament was built for our players, and they continue to surprise and inspire us," said Todd Green, President at King.

With millions of players competing worldwide for a spot in the All Stars Live Final, and the Live Final returning to London at its most ambitious scale yet, Candy Crush continues to demonstrate the enduring appeal of shared play on a global scale. More than a decade after launch, the game remains one of the world's most-loved mobile entertainment experiences, bringing joy to millions of players every day.

Candy Crush Saga® is free to download on iOS and Android. For more information, visit candycrushsaga.com.

*Candy Crush All Stars Tournament was held in London in 2021 on an intimate scale.

About Candy Crush Saga
Candy Crush Saga® is one of the world's most popular mobile games. Millions of players around the globe match colorful candies in combinations of three or more to win points, defeat obstacles, and progress through more than 20,000 levels. In November 2022, Candy Crush Saga celebrated its 10-year anniversary. Candy Crush Saga is available to download for free from the Apple App Store, Google Play, Amazon App Store, Windows App Store and Facebook.

About King
With a mission of Making the World Playful, King is a leading interactive entertainment company for the mobile world with more than 20 years of history of delivering some of the world's most iconic games in the mobile gaming industry, including the world-famous Candy Crush franchise, as well as other mobile titles such as Farm Heroes Saga. King games are played by more than 200 million monthly active users. King, part of Microsoft (NASDAQ: MSFT), has Kingsters in Stockholm, Malmö, London, Barcelona, Berlin, Dublin, San Francisco, New York, Los Angeles and Malta. More information can be found at King.com or by following us on LinkedIn, @lifeatking on Instagram.
2026-06-12 23:22 1mo ago
2026-06-12 11:00 1mo ago
2 Best AI Stocks to Buy Now as the Market Looks for Real Growth
MSFT Microsoft
FMP Stock News
Original source text
Wall Street is no longer blindly rewarding all artificial intelligence (AI) stocks. According to a recent Reuters poll, most economists now expect the Federal Reserve to keep the federal funds rate at 3.5% to 3.75% for the rest of 2026. With capital remaining expensive, investors need to focus on companies that can convert AI spending into durable revenue and profits.

Against this backdrop, Alphabet (GOOG +0.45%) (GOOGL +0.53%) and Microsoft (MSFT +0.11%) stand out. Here's why.

Image source: Getty Images.

1. Alphabet Alphabet is using its AI infrastructure base to strengthen multiple growth engines, including Search, Google Cloud, Tensor Processing Units (TPUs), Gemini models, and the Waymo autonomous-driving platform.

The clearest evidence of this strategy's success is the Google Search business, which continues to grow despite fears of cannibalization from AI answer engines. In the first quarter of fiscal 2026, Google Search & other advertising revenue grew 19% year over year to $60.4 billion. Management said that search queries reached an all-time high. Additionally, AI-powered search features such as AI Overviews and AI Mode helped boost overall user engagement.

Google Cloud is emerging as a key growth catalyst. Google Cloud revenue jumped 63% year over year to $20 billion, while backlog nearly doubled sequentially to reach $462 billion. Management expects to recognize just over half of that backlog as revenue over the next two years. With 75% of Cloud customers already using Google's AI products, AI is increasingly driving customer adoption, deal growth, and revenue visibility for the business.

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Alphabet's custom Tensor Processing Units (TPUs) are also proving to be a competitive advantage. The company reduced Gemini serving costs by 78% in 2025, highlighting its ability to lower the cost of delivering AI at scale. Waymo also surpassed 500,000 fully autonomous rides per week at the end of the first quarter. Hence, autonomous driving has now become a more visible part of Alphabet's long-term value story.

That makes Alphabet one of the rare AI winners with both near-term monetization and long-term opportunity.

2. Microsoft Microsoft is selling cloud capacity for AI workloads and embedding AI directly into the daily software stack of large enterprises.

Its AI business exited the third quarter of fiscal 2026 (ended March 31) with an annual revenue run rate of $37 billion, up 123% year over year. Microsoft Cloud revenue reached $54.5 billion, while Azure and other cloud services revenue grew 40% year over year in the third quarter. The company's remaining performance obligation (RPO, a measure of backlog) also rose 99% year over year to $627 billion. Hence, the company has impressive revenue visibility.

Copilot is also emerging as a major growth engine. Microsoft 365 Copilot paid seats crossed 20 million in the third quarter, with seat additions up 250% year over year. With weekly Copilot engagement on par with Microsoft Outlook, Copilot is becoming a regular part of the enterprise software stack.

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Microsoft is also focusing on shifting monetization from a per-user software model to a per-user and usage model across productivity, coding, and security applications. The company is also making its most-used Copilot models more efficient at handling AI workloads.

The combination of robust cloud demand, improving Copilot adoption, a shift to usage-based monetization, and increasing cost efficiency makes Microsoft one of the strongest AI stocks to own now.
2026-06-12 23:22 1mo ago
2026-06-12 11:17 1mo ago
How Removing 33% of the S&P's “Junk” Stocks Can Sharpen Your Portfolio
MSFT Microsoft
FMP Stock News
Original source text
© Deemerwha studio / Shutterstock.com

The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is the default core holding for tens of millions of investors. It tracks the S&P 500, charges 0.0945% in expenses, pays a 1.25% dividend yield, and has returned about 314% over the past decade on a price basis. The pitch is simple: own the 500 largest U.S. companies for almost nothing and let market-cap weighting work.

Two funds run a different rule on the same names. The Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) and the iShares MSCI USA Quality Factor ETF (NYSEARCA:QUAL) keep only the companies that score well on financial strength, the so-called “S&P 500 minus the junk.” The surprise is what that screen has not done: beat the index over ten years. It offers a different exposure, not a higher return.

What SPY Actually Holds SPY weights its roughly 505 holdings by market capitalization, which concentrates the fund at the top and forces it to carry the bottom regardless of fundamentals. NVIDIA at 7.8%, Apple (NASDAQ:AAPL | AAPL Price Prediction) at 6.8%, and Microsoft (NASDAQ:MSFT) at 4.7% make up nearly a fifth of the fund, and Information Technology is 37% of it. The tail behind them includes companies with negative free cash flow, weak returns on equity, and high leverage. SPY owns them by market value, not financial health. That is the gap a quality screen tries to close.

The Quality Screen, and What It Actually Returned SPHQ starts with the same S&P 500 universe and keeps only the 100 names that score best on return on equity, accruals, and financial leverage. QUAL applies similar logic across a broader large- and mid-cap universe, screening within each sector to stay roughly sector-neutral.

The numbers are the catch. Over the past ten years, SPY returned about 314%, or 15.49% a year. SPHQ returned about 302%, or 14.91% a year. QUAL returned about 14.27% a year, the lowest of the three. Both quality funds tracked the index closely, and both finished a step behind it. Removing the weakest names did not add return over this stretch. It roughly matched the index while tilting toward financial strength.

So Why Own It The case for a quality screen is not a higher ten-year number. It is the exposure. These funds concentrate capital in companies with durable returns on capital and clean balance sheets, which tend to hold up better when the earnings cycle turns and weaker businesses get punished. That edge stayed hidden in a decade-long bull market that rewarded almost everything.

There is also a live signal. So far in 2026, SPHQ has pulled ahead of SPY, 13.21% against the index’s 9.64% year to date. One stretch is not a trend, but it is the choppier, more selective market where a quality tilt is meant to earn its keep.

The Tradeoffs to Weigh The swap is not free. SPHQ and QUAL both charge 0.15% against SPY’s 0.0945%, a gap of about 5.5 basis points, or roughly $55 a year on $100,000. The income is lower too: QUAL yields 0.86% against SPY’s 1.25%, a small haircut for anyone leaning on the portfolio for cash.

They also run more concentrated and pricier. QUAL holds about 44% of its weight in its top ten names and trades near a 28 P/E. That premium drives the strategy in good times and drags when the market rotates toward cheaper, beaten-down names. And do not assume lower risk: over the past decade SPHQ actually ran higher volatility than SPY, so a quality label is not a safety guarantee.

How to Make the Swap In a tax-advantaged account, the switch is mechanical: sell SPY, buy SPHQ or QUAL, zero tax cost. In a taxable account, the math changes. An investor who bought SPY in 2016 sits on roughly 314% of embedded gain, and a full sale realizes long-term capital gains on all of it. The cleaner path is to stop adding to SPY, route new contributions to the quality fund, and swap inside an IRA first if you hold SPY in both account types.

Where This Leaves the Decision SPY remains the cheapest, deepest, most liquid way to own the S&P 500, and over the last ten years it also delivered the higher return. A quality screen did not beat it; it tracked the index while tilting toward stronger balance sheets. That makes SPHQ or QUAL a reasonable choice for an investor who wants a quality factor and believes it pays off in a more selective market, not for one expecting a bigger ten-year number. SPHQ is the closer analog to a cleaned-up SPY and is leading in 2026; QUAL is the sector-balanced version. For most investors who simply want the index, SPY is hard to beat.
2026-06-12 23:22 1mo ago
2026-06-12 11:38 1mo ago
David Tepper Cuts Microsoft 82%, Billionaire Bill Ackman Buys $2 Billion of It. Who's Winning?
MSFT Microsoft
FMP Stock News
Original source text
David Tepper’s Appaloosa Management cut its Microsoft position by roughly 82% in the first quarter of 2026, while Bill Ackman’s Pershing Square went the other direction, initiating a brand-new stake of roughly 5.65 million shares worth about $2.09 billion at quarter-end. Ackman started accumulating in February after Microsoft (NASDAQ:MSFT | MSFT Price Prediction) sold off following fiscal Q2 earnings, calling the stock a “highly compelling valuation” on the strength of Azure and AI. It was his only new buy of the quarter, and the name is also a core holding in Pershing Square USA, giving Ackman dual-vehicle conviction here.

So far, Tepper looks like the one positioned correctly.

What Ackman Actually Bought, And Why Ackman’s thesis rests on the same engine that has powered Microsoft for three years: cloud and AI. In the most recent quarter, Azure grew 40%, the Intelligent Cloud segment hit $34.68 billion (+30% YoY), and the AI business surpassed a $37 billion annualized run rate, up 123% year over year. The forward visibility is the part value investors fixate on: commercial remaining performance obligations reached $627 billion, a contracted backlog that stretches multi-year demand into clear sight.

The valuation case is also real. Microsoft trades at a forward P/E of 21 with a return on equity of 34% and analyst target price of $560.95. The Q3 earnings report at $4.27 EPS vs. $4.07 expected marked a fourth straight quarterly beat. For an investor buying $2 billion of a single name, that combination of beat history, backlog, and a meaningfully lower entry price clears the bar.

Why Tepper Is Winning The Trade So Far The scoreboard is unambiguous. Microsoft is down more than 8% since Feb. 2, falling from $421.49 to $387.95 and is down nearly 18% year to date. Tepper trimmed at higher prices. Ackman bought into the slide and is currently underwater on his entry.

The bear case Tepper appears to be respecting is the spending side of the AI story. Q3 CapEx jumped 84% to $30.88 billion, on top of $29.88 billion the prior quarter. Full-year FY25 free cash flow fell 3% as capex surged 45%. OpenAI-related investment losses climbed to $3.1 billion in Q1 FY26 from $523 million a year earlier. Insiders are not stepping up to defend the price either: Seven insider transactions in the March-June window were all disposals, with no purchases.

The Take For Retirement Investors Following Ackman blindly into Microsoft right now is following a thesis that still has to be vindicated by free cash flow turning back up as the capex cycle peaks. The franchise is exceptional, the backlog is real, and the price is materially below last summer’s 52-week high of $551.05. But Tepper trimmed for a reason, and so far the tape agrees with him. For a retirement-focused investor, the disciplined path is to scale in like Ackman did, not to chase, and to demand evidence that capex intensity is peaking before sizing up. Pay attention to the next earnings report and any signal that free cash flow is inflecting. Until then, this remains a contrarian bet that still needs to be vindicated.
2026-06-12 23:22 1mo ago
2026-06-12 12:25 1mo ago
Microsoft Stock Is Having a Rough Week. It's the Latest AI Play Under Pressure.
MSFT Microsoft
FMP Stock News
Original source text
Tech stocks are selling off amid renewed artificial-intelligence spending concerns, Microsoft included.
2026-06-12 23:22 1mo ago
2026-06-12 14:21 1mo ago
Microsoft has considered spinning out Xbox, The Information reports
MSFT Microsoft
FMP Stock News
Original source text
A Microsoft Xbox video game logo is seen at the Electronic Entertainment Expo, or E3, in Los Angeles, California, United States, June 17, 2015. REUTERS/Lucy Nicholson Purchase Licensing Rights, opens new tab

June 12 (Reuters) - Microsoft (MSFT.O), opens new tab is considering options for its Xbox gaming unit, including a potential spinoff or restructuring ​as a wholly owned subsidiary, the Information reported ‌on Friday, citing three people with direct knowledge of the discussions.

The Windows maker is also weighing options such as creating a joint venture ​with other partners as it prepares to overhaul the ​unit, which could make the gaming business easier to ⁠sell, the report said.

Get a daily digest of breaking business news straight to your inbox with the Reuters Business newsletter. Sign up here.

Xbox has struggled in recent years as ​Microsoft's bet on subscriptions and cloud gaming failed to offset ​declining console sales and a shortage of blockbuster titles.

While no restructuring is imminent, all the options remain on the table, the Information reported.

Microsoft operates professional network ​LinkedIn and software development platform GitHub as wholly owned subsidiaries, ​a model that could serve as a blueprint for the Xbox unit.

Asha ‌Sharma, ⁠who took charge as CEO of the gaming unit in February, plans to increase spending to accelerate development of new Xbox titles from its most successful franchises, including "Halo," "Fallout," and "The Elder Scrolls," the report said.

Microsoft ​CEO Satya Nadella ​and finance chief Amy ⁠Hood have approved Sharma's plan to boost spending on top-tier game development for the fiscal year starting ​in July, but the budget has not been ​finalized and ⁠could still change, the report said.

Microsoft did not immediately respond to a Reuters request for comment.

On Wednesday, Bloomberg News reported that ⁠Xbox ​is planning major layoffs next month and ​significant cuts to marketing and other budgets, marking the first major restructuring under ​Sharma.

Reporting by Juby Babu in Mexico City; Editing by Leroy Leo

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-06-12 23:22 1mo ago
2026-06-12 17:15 1mo ago
Microsoft CEO Satya Nadella on Xbox: ‘We have to turn this into a sustainable business'
MSFT Microsoft
FMP Stock News
Original source text
by Todd Bishop on Jun 12, 2026 at 2:15 pmJune 12, 2026 at 3:36 pm

Microsoft has spent years subsidizing Xbox rather than profiting from it, CEO Satya Nadella acknowledged this week, as he addressed the gaming division’s need for a new approach. 

His comments came during a Wednesday evening taping of The New York Times’ “Hard Fork” podcast, released Friday. Hosts Kevin Roose and Casey Newton pressed Nadella on the future of Xbox a few hours after the division’s leadership signaled an upcoming reset.

“No one can accuse Microsoft of not having invested for the last 25 years,” Nadella said of the Xbox and games business. “And now we have to turn this into a sustainable business.” 

For all the entertainment value Xbox provides, he said, Microsoft hasn’t been monetizing that entertainment, and has actually been subsidizing it. He added with a chuckle, “In fact, there’s more monetization of Xbox games happening on YouTube than at Microsoft.”

Earlier in the day, Xbox CEO Asha Sharma had told employees in a memo that the division’s heavy spending and declining revenue cannot continue. Sharma, about 100 days into the job, said Xbox will finish the fiscal year at roughly a 3% margin by an internal Microsoft measure, after the company spent more than $20 billion over five years even as annual revenue fell.

Bloomberg News reported that the division is planning major job cuts next month. 

On the podcast, Nadella described two pressures on the business. One is temporary: a run-up in prices driven by the shortage of semiconductors and memory, which is squeezing PCs, phones and other consumer electronics, and which he said Microsoft will get through. 

The other is lasting — the question of what the Xbox business model should be going forward. 

“I think we have to find ways to deliver the games in which it’s economically relevant for the customer and for us,” Nadella said when Newton asked whether he could offer any sort of “carrot” for gamers, or whether consoles and games would simply get more expensive. 

Nadella didn’t detail what the new model would look like. Sharma said in her memo that she’ll spend the next 100 days taking what she called a fresh look at the business.

The Information reported Friday that Microsoft hasn’t ruled out restructuring Xbox — potentially as a wholly owned subsidiary, a joint venture, or a spin-off — though it has no imminent plans to do so. The outlet, citing three people with direct knowledge, said Sharma plans to pair layoffs with heavier investment in big franchises like Halo and Fallout, a plan Nadella and CFO Amy Hood have signed off on.

See above for the full conversation, which otherwise focuses largely on artificial intelligence, including the AI backlash over data centers, AI’s impact on jobs, whether the U.S. government should take stakes in AI companies, and how much he buys the idea that AI is about to automate entire jobs.