Here’s why Microsoft’s stock got pummeled after it beat revenue and profit forecasts
Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.
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 ...
Musk v. Altman judge says it is a 'stretch' for Musk to claim irreparable harm in case of 'billionaires versus billionaires'
A California federal judge on Tuesday expressed doubt over Elon Musk's "irreparable harm" claims in his lawsuit against Sam ...
Elon Musk, Sam Altman’s OpenAI head to court in fight over for-profit shift
Lawyers for Musk asked a federal judge to block OpenAI’s plan to become a for-profit entity in a highly anticipated court ...
Digital Journal9d
Microsoft profit rises but cloud business misses mark
Microsoft rivals Amazon, Google and OpenAI have also been spending billions of dollars on AI even though it remains unclear how and when they expect to profit from those investments. Canada’s ...
ABC News9d
Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off
REDMOND, Wash. -- Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it ...
KTEN9d
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 vital cloud computing business. Microsoft revenue grew to $69.6 billion ...