Atlassian stock jumped on fiscal Q2 earnings that topped estimates while revenue guidance came in above views amid a shift to cloud services.
We continue to believe that Microsoft remains uniquely positioned to monetize the vast new AI opportunity across applications,” writes BofA Securities analyst Brad Sills.
Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data center supply.
Microsoft (MSFT) shares fell by around 5% during after-hours trading on Wednesday after it reported Azure cloud computing growth toward the bottom range of expectations.
Shares in Microsoft fell 5% in afterhours trading as the tech giant said its flagship cloud computing business experienced a slowdown in growth last quarter. The takeaways: The company’s overall revenue rose 12% to $69.
Microsoft reported its fiscal second-quarter results after Wednesday's closing bell, with investors focused on all things AI.
Microsoft (NASDAQ:MSFT) has lagged behind the NASDAQ over the past year but is off to a strong start in 2025, outperforming the broader market.
Google's near-term potential looks bright. Click here to read more on how AI can help improve the outlook for GOOGL stock.
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SoftBank is in talks to invest in OpenAI, potentially deepening the relationship between the two companies that are already planning an artificial-intelligence infrastructure initiative.
Microsoft shares dropped 5 per cent, while Meta was up 2 per cent after their October-December Q1 results, both companies posted profits, according to AP reports.
Microsoft posted strong Q2 2025 earnings, beating expectations with robust cloud and AI growth, though it faces challenges in maintaining its Cloud segment's rate of growth.