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The Estée Lauder Companies and Microsoft Announce a New Strategic Partnership to Power Enterprise Efficiency and Consumer-Centric Growth

The new collaboration will strengthen the company’s cloud, data, and AI capabilities to accelerate innovation and enhance productivity NEW YORK — The Estée Lauder Companies Inc. (NYSE: EL) today announced a new strategic partnership with Microsoft Corp. to advance its cloud and data foundation and support the responsible adoption of AI-enabled capabilities across the enterprise. […]

We haven't written up this one. Financial Post has the full story — the link below goes straight to it.

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More in Finance & Markets

Tech stocks crushed as Nasdaq futures tumble nearly 800 points

Disappointing earnings reports from Alphabet, Amazon and Intel are renewing fears that the AI trade could unravel.

  • Nasdaq Composite Index drops 800 points, 2.7%, before opening
  • Alphabet and Intel earnings disappoint, causing tech stocks to fall
  • Market analysts warn of AI investment risks and portfolio diversification

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