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Strong results from Microsoft and Alphabet have reignited investor confidence in big tech's expensive bets on artificial intelligence tools. Alphabet's shares surpassed a $2 trillion market cap for the first time on Friday, while Microsoft reached just over $3 trillion. Outperformance from major AI players like Microsoft, Alphabet, and Tesla helped lift the S&P 500 and Nasdaq to their best weekly gains of 2024. Executives said real-world demand and capital investment validate the potential of AI, not just hype around the technology.
Boosting Investor Confidence in AI Bets, Tech's Trillion Dollar Market Caps
⏲ 0:42 👁 1.7M
Office Tutorials
Getting Unsolicited Microsoft Verification Codes? (What to do!)
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Λsk Λbout Solutions
Why am I getting a Microsoft verification code?
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The runaway success of weight loss drugs took the markets by storm last year, spurring huge stock gains for drugmakers like Novo Nordisk, which makes Wegovy and Ozempic. Most patients take them at home in weekly injections, using plastic, pen-like devices known as autoinjectors, filled with the liquid medication and fitted with a tiny needle as wide as two human hairs.<br/><br/>As demand for the drugs soars, so does the need for those devices. That growth has now minted a new billionaire: Roger Samuelsson, the 60-year-old Swedish cofounder of Switzerland-based SHL Medical, one of the world’s largest manufacturers of autoinjectors. Forbes estimates he’s worth $3 billion, largely thanks to his 69% stake in the company he cofounded in 1989. The remaining 31% is held by Swedish private equity firm EQT—which has minted seven billionaires over the years—and Athos, the family office of the billionaire Struengmann brothers. Press-shy Samuelsson, who declined multiple requests for an interview, also enjoys fast cars (he raced in the 2016 Ferrari Challenge series) and owns the 414-foot megayacht Octopus, which he bought in 2021; the yacht was built for its first owner, Microsoft cofounder Paul Allen (d. 2018).<br/><br/>0:00 Introduction<br/>0:20 Who Is Roger Samuelsson?<br/>3:32 The Growing Market For Injectors<br/>5:50 Who Is The Competition In The Space<br/>8:50 What's Next For SHL Medical<br/>10:45 What's Next For Roger Samuelsson<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/12/meet-the-billionaire-owned-company-making-injectors-for-blockbuster-drugs-like-ozempic/?sh=5ba1ce857607<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Meet The New Billionaire Getting Rich Making Injectors For Blockbuster Drugs Like Ozempic
⏲ 11:59 👁 4M
GrandadIsAnOldMan
Looks like a 2 part scam to me Microsoft account unusual sign in alert
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wgaltv
Scam email claims to be from Microsoft
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Microsoft, Amazon, and now Apple are also reportedly increasing their presence in South Florida.
Big Tech and billionaires suddenly can’t resist the lure of South Florida
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wgaltv
Scam email claims to be from Microsoft security team. Here's the warning sign
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Scammer Fighter
Watch Out for The Microsoft Email Scam!
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Peter Cohan, a Babson College associate professor of management practice, joins “Forbes Newsroom” to discuss Microsoft and Alphabet’s earnings results.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com
Alphabet, Microsoft Surpass Q1 Expectations With Lift From AI
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Liron Segev
Don't use a Microsoft Account!
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BlueScreen Brothers
Entra App Registration: A deep dive into configuration part 1
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