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Meta Platforms and Microsoft are both showing that obscene spending on new businesses can work—as long as the older ones are ...
The Azure cloud business is a centerpiece of Microsoft's efforts to shift its focus to artificial intelligence, but until ...
Shares in artificial intelligence heavyweights Microsoft and Meta Platforms both surged in European trading on Thursday, ...
The company’s results are likely to ease investors’ worries that big investments in artificial intelligence aren’t paying off ...
Shares in the software giant rose 7.3 percent to $551 in after-hours trading as investors anticipate greater artificial ...
Meta Platforms soared 11.5% in premarket trading after the social media giant forecast third-quarter revenue well above ...
Microsoft (MSFT) hits a $4 trillion market valuation fueled by booming Azure and AI growth. Discover how its earnings ...
Wall Street futures pointed to a strong start on Thursday, as blockbuster earnings from Meta and Microsoft signaled Big ...
Net income climbed to $27.2 billion, a 24% jump one year ago, with the company also reporting earnings per share of $3.65, ...
Much of company’s recent growth has come through the cloud business, which AI companies have been using to host models.
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