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 after-hours trading as investors worry about big spending, elusive artificial intelligence revenue and competition from cheaper AI models from China.
Microsoft Stock Slips as Intelligent Cloud Revenue Falls Short of Expectations
Microsoft (MSFT) shares moved lower in late-Wednesday trading as the tech giant reported fiscal second-quarter Intelligent Cloud revenue that missed analysts’ expectations. The company saw revenue rise 12% year-over-year to $69.
Microsoft’s Earnings Beat Estimates. The Stock Is Still Falling.
Microsoft reported second-quarter earnings and revenue that beat Wall Street estimates on Wednesday. The company said earnings were $3.23 a share on revenue of $69.6 billion. The tech-giant reported capital expenditures in the quarter of $15.
Microsoft shares fall as cloud forecast disappoints Wall Street
Microsoft on Wednesday forecast disappointing growth in its Azure cloud computing business, sending its shares down more than 5% as investors worry about big spending, elusive artificial intelligence revenue and growing competition from cheaper AI models from China.
Microsoft Spending Grows Despite Cloud Growth Missing Estimates - Details
Microsoft reported slower-than-expected growth in its Azure cloud business on Wednesday, January 29, despite beating estimates for overall quarterly revenue, sending its shares down 4 per cent in extended trading,
Microsoft slips as Azure results fall short of expectations
Microsoft (NASDAQ:MSFT) shares fell 3% in late trading on Wednesday after the tech giant reported fiscal second-quarter results that topped Wall Street's expectations, though its Azure cloud unit fell short of forecasts.
Microsoft investors are ignoring this number that suggests better growth ahead
Microsoft Corp. investors focused on the company’s disappointing revenue of its Azure cloud business on Wednesday, but they ...
President Trump confirms that Microsoft is in talks to buy up TikTok, as the social network's future hangs in the balance
History repeats itself, quickly it seems, as U.S. President Trump confirms that Microsoft is indeed in the running to buy ...
Trump says Microsoft is in talks to acquire TikTok
U.S. President Donald Trump told reporters on Monday that Microsoft is in talks to acquire TikTok and that he would like to ...
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’s relationship with OpenAI cracked when it hired Mustafa Suleyman, rival Marc Benioff says
Salesforce CEO Marc Benioff said that the two AI leaders, Sam Altman and Mustafa Suleyman do not care for each other.
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Microsoft Could Be Interested in Buying TikTok
With the clock ticking on TikTok's existence in the US, President Donald Trump claims Microsoft is interested in acquiring ...
Microsoft just built an AI that designs materials for the future: Here’s how it works
Microsoft researchers unveil MatterGen, which accelerates scientific discovery 15X and doubles success rates for stable compounds.
‘The Road Ahead’ at 30: What Bill Gates’ classic book about the future says about the world today
GeekWire revisited Bill Gates’ classic book, The Road Ahead, and found parallels to the AI revolution that the world is ...
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Xbox Boss Phil Spencer Suggests Starfield Might Come to Other Consoles in the Future
Microsoft Gaming CEO Phil Spencer reflects on Starfield's Xbox console exclusivity, suggesting the game may reach more ...
Microsoft talks next-gen Xbox plans – which could end the console wars forever
And, if Call of Duty, Halo, Diablo IV and other titles make the jump to PlayStation and the Switch 2, as expected, it can ...
A new analysis claims that Xbox and Microsoft have become the top games publisher in the world
With almost half a billion in spending, Microsoft's multiplatform strategy is paying off for Xbox, at least according to this ...