Microsoft stock rises on Sam Altman hiring, Citigroup layoffs start: Yahoo Finance Live

Shares of Microsoft (MSFT) are on the rise after the tech giant hired Sam Altman, the former CEO of OpenAI who got ousted by the startup’s board last week. On Wall Street, layoffs have begun at Citigroup (C) as part CEO Jane Fraser’s bid to reorganize and slim down the banking behemoth. Trending tickers on Yahoo Finance include Meta Platforms (META), Palantir Technologies (PLTR), and Boeing (BA).

Top guests on Yahoo Finance Live today include:
3:05 p.m. ET - Fred Havemeyer, Macquarie Lead Software Equity Research Analyst
3:25 p.m. ET - Megan Horneman, Verdence Capital Advisors
3:35 p.m. ET - Stacey Widlitz, SW Retail Advisors Chief International Store Hunter
3:50 p.m. ET - Jason Bazinet, Citi Managing Director
4:10 p.m. ET - Kamran Ansari, Headline Venture Partner & Former Head of Corporate Development at Pinterest

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