CNBC reported Monday morning that ValueAct Capital has taken a $2 billion stake in Microsoft Corp. (MSFT).
Microsoft gapped up Monday and spiked higher in early trade, before settling into a range. The stock finished with a gain of 1.06 at $30.83 on above average volume. Microsoft broke out of a 2-week range and set a 7-month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.