Microsoft shares dropped 5% after issuing weak current-quarter guidance. The software giant topped Wall Street's fiscal second-quarter estimates, posting earnings of $3.23 per share on $69.63 billion ...
Increases in consumer spending and government spending drove economic growth in the quarter while decreases in investment offset some gains. For the year, the US economy grew at 2.8% pace, slightly ...
Investors punished Microsoft with a 4 per cent share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 2 per cent after CEO Mark Zuckerberg assured ...
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.
The company reported revenue of $69.6 billion and earnings of $3.23 per share, compared to the consensus estimates of $68.8 billion and $3.11, respectively.
The chief executives of Microsoft and Meta defended their hefty investments on artificial intelligence, days after Chinese ...
China's DeepSeek took the world by storm this week by introducing an AI model that runs efficiently on older NVIDIA GPUs, using only a tiny fraction of the budget OpenAI, Meta, Tesla, Microsoft, and ...
Microsoft's net working capital has been gradually increasing and leading to a worse FCF conversion. Read why I remain ...
Oppenheimer analyst Timothy Horan has maintained their neutral stance on MSFT stock, giving a Hold rating yesterday.Invest with Confidence: ...
Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is clouded by persistent inflation worries that are being exacerbated by the ...
Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent ...
Microsoft Corporation (NASDAQ:MSFT), with its impressive $3.29 trillion market capitalization, continues to solidify its position as a leader in the technology sector, with its cloud computing ...