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 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 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 ...
Legit on MSN2d
Microsoft profit rises but cloud business misses mark
Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its ...
Microsoft’s AI revenue grows, but its stock falls on lower guidance and spending concerns
Microsoft is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to ...
Microsoft cloud growth constrained by data center shortage
Microsoft said its cloud-computing business will continue to grow slowly in the current quarter as the company struggles to ...
Network World1d
Microsoft AI investments cause cloud operating income growth to plunge
Microsoft is stuck in an infrastructure investment arms race that could lead customers to ask difficult questions about costs ...
Microsoft focused on improving profits in gaming
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 ...
Microsoft loses OpenAI exclusive cloud provider status to $500 billion Stargate project — as the ChatGPT maker races to hoist the AGI flag first
Microsoft is OpenAI's largest investor, with a 49% stake, translating to $14 billion. As part of its complicated partnership ...
Microsoft's cloud growth in focus as doubts grow over AI spending
Microsoft has spent months touting a rebound in its Azure cloud business and its quarterly revenue forecast on Wednesday will ...
The Financial Times8d
OpenAI struggles to price Microsoft stake in deal to become for-profit company
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI’s board is locked in complex negotiations to become a for-profit company, struggling to determine ...
Why Microsoft Stock Is Sinking After Earnings
Microsoft is the worst Dow Jones stock Thursday as the tech giant's soft outlook offsets an earnings beat. Here's what you need to know.