Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it ...
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 on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its ...
Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in ...
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 is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to ...
Microsoft on Wednesday posted disappointing Azure cloud business growth and large artificial intelligence expenses, hitting ...
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 has spent months touting a rebound in its Azure cloud business and its quarterly revenue forecast on Wednesday will ...
Meta Platforms and most other U.S. stocks are rising, but drops for Nvidia and Microsoft are weighing on the market.
Building and operating AI systems is costly, and Microsoft has said it plans to spend 80 billion dollars (£64.38 billion) ...