What's Going On With Microsoft (MSFT) Shares Wednesday - Microsoft (NASDAQ:MSFT)

Microsoft Corp MSFT shares are trading higher Wednesday after it agreed to purchase electricity from startup Helion Energy in 2028, marking the first commercial deal for fusion power.
Constellation Energy Corp CEG will be the power marketer and manage project transmission.
OpenAI founder Sam Altman backed Helion's plant will likely be online by 2028 and will target power generation of 50 MW or greater after a 1-year ramp-up period.
The company is building its seventh prototype, likely to demonstrate the ability to produce electricity in 2024.
The development of a commercial fusion power facility will help Microsoft to achieve its goal of being carbon negative by 2030.
Fusion can provide a nearly limitless energy source without producing harmful carbon emissions or long-lived waste.
Meanwhile, reportedly Microsoft is eyeing a Firefox search deal as the Bing chatbot has failed to make a mark against Alphabet Inc GOOG GOOGL Google.
Microsoft can only redeem the game by bagging deals to replace Google as the default search engine of a web browser like Firefox or Apple Inc's AAPL Safari.
Therefore, Microsoft wants to bid for the Firefox contract, which will likely expire in 2023.
Oracle Corp ORCL and Microsoft discussed a deal to rent servers lest they run out of computing power for large-scale artificial intelligence customers, reports suggest.
Oracle is working on a broader AI strategy to improve the company's core software products. Oracle is also considering developing AI.
Price Action: MSFT shares traded higher by 0.95% at $309.79 on the last check Wednesday.

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What's Going On With Microsoft Shares Wednesday