Microsoft shares fall as cloud forecast disappoints Wall Street
Shares fell more than 5% due to disappointing growth in its cloud computing business Azure. Read more at straitstimes.com.
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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 can’t build data centres fast enough
Microsoft said its is struggling to build enough data centres to handle demand for its artificial intelligence products.
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 ...