Microsoft shares slide as cloud forecast, AI spending disappoint
Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in ...
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Microsoft sees earnings growth but slowdown in cloud services and continued spending on AI worry investors
The Windows maker’s revenue rose 12% year-on-year to $69.6 billion in Q2 FY25, with net profit surging 10% to $24.1 billion.
Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it ...
Microsoft Reports Its Quarterly Results
Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data ...
Microsoft Continues to Spend Big on A.I. as Profit Grows 10%
The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for ...
Microsoft Changes OpenAI Pact to Allow Use of Rival Cloud Services
The software giant was previously the exclusive cloud provider for OpenAI and now retains right of first refusal.
Microsoft's AI business is booming. It's not enough to soothe investors.
Microsoft reported lower-than-expected revenue growth for its AI and cloud divisions as scrutiny grows over tech's AI ...
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Microsoft’s cloud outlook knocks shares, Meta rises on AI payoff signs
Investors punished Microsoft with a 6 per cent share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 4 per cent after CEO Mark Zuckerberg assured ...