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.
Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data ...
Microsoft is stuck in an infrastructure investment arms race that could lead customers to ask difficult questions about costs ...
Enterprise AI workloads and OpenAI training consumed Azure resources last year. “We have been short power and space,” CFO Amy ...
Alphabet Inc.'s strong Q3 results and leadership in digital advertising, AI, and cloud position it for double-digit earnings ...
Microsoft says that it's creating a new unit to will help it understand the implications of AI the company hopes to build.
Euroclear, a Belgium-based financial services company that specialises in processing transactions safely and efficiently, has signed a seven-year partnership with Microsoft to move its technology ...
Analyst Sachin Mittal of DBS maintained a Buy rating on Microsoft (MSFT – Research Report), retaining the price target of $531.00.Invest with ...
Microsoft shares tumbled Thursday after the company’s weaker-than-expected fiscal second-quarter cloud growth prompted some analysts to be more cautious about the stock.
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