Microsoft projects a slowdown in Azure cloud-computing revenue for the current quarter, which is weighing on its stock in the extended session. The company expects 31% to 32% constant-currency ...
(Reuters) -Microsoft predicted increased spending on artificial intelligence this quarter but slower growth in its cloud business Azure, signaling that big AI investments were not enough to keep ...
Microsoft CFO Amy Hood said the company will record around $1.5 billion in other expense, mainly because of an expected investment loss at OpenAI. Microsoft has invested close to $14 billion in ...
Microsoft Corp. will offer a "gut check quarter" when it reports earnings later Wednesday as regards its adoption of the AI revolution, according to Wedbush analyst Dan Ives.
(Reuters) -Microsoft predicted increased spending on artificial intelligence this quarter but slower growth in its cloud business Azure, signaling that big AI investments were not enough to keep pace ...
Microsoft reported first-quarter revenue of $65.60 billion, up 16% year-over-year. Microsoft reported Azure and other cloud services revenue growth up 33% year-over-year. Technology giant ...
Microsoft (MSFT) delivered fiscal first-quarter earnings that topped Street expectations, but shares fell after a warning its cloud growth could slow. The tech titan's third-quarter revenue rose ...
Microsoft beat Wall Street estimates for its latest quarter with the help of its all-important cloud services business. The tech giant on Wednesday reported $65.6 billion in revenue, up 16% from ...
The plan is to spend more in the fourth quarter of 2024. Microsoft CEO Satya Nadella said in a call with investors that the company’s business that enables customers to adopt AI is on track to ...
Microsoft reported robust financial results for the first quarter of fiscal year 2025, with revenue reaching US$65.59 billion, primarily driven by its cloud business. Azure demonstrated impressive ...