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 after-hours trading as investors worry about big spending, elusive artificial intelligence revenue and competition from cheaper AI models from China.
The company reported revenue of $69.6 billion and earnings of $3.23 per share, compared to the consensus estimates of $68.8 ...
Microsoft beat Wall Street’s earnings and revenue forecasts but its intelligent-cloud business fell short of estimates. The ...
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We recently published a list of 10 AI News and Ratings You Should Not Miss. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against other AI news and ...
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Why Microsoft (MSFT) Shares Are Trading Lower TodayShares of tech giant Microsoft (NASDAQ:MSFT) fell 6.3% in the morning session after the company reported fourth quarter ...
Microsoft is the worst Dow Jones stock Thursday as the tech giant's soft outlook offsets an earnings beat. Here's what you need to know.
Tech giant Microsoft (NASDAQ:MSFT) will be announcing earnings results tomorrow after market close. Here’s what to expect.
Microsoft is set to report fiscal second-quarter earnings after the market closes Wednesday, with analysts largely bullish ...
Telsa, Microsoft, and Meta all have earning calls after the bell during the Wednesday session. It is also worth noting that ...
Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.
Apple shares rose 2% on Friday after a rosy forecast fuelled hopes of an iPhone sales rebound, even as a lack of AI features weigh on demand.
Key Takeaways Microsoft shares dropped after fiscal second-quarter results were reported late Wednesday. Multiple analysts ...
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