Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.
Despite the overall positive results, Microsoft’s shares dropped by 5 per cent in after-hours trading on Wednesday. The ...
Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in ...
Microsoft said Wednesday that its profit for the October-December quarter grew 10% as it works to capitalize on the huge ...
Microsoft yesterday reported profits of US$24.1 billion in the recently ended quarter, but shares slid on worries over its ...
Microsoft CEO Satya Nadella told Wall Street that the company is focused on improving profits in its video game business. Overall gaming revenue fell 7%, and Xbox hardware revenue tumbled 29% in the ...
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s ...
Microsoft is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to ...
Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s ...
Microsoft on Wednesday posted disappointing Azure cloud business growth and large artificial intelligence expenses, hitting ...
Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud computing business.