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 Corp. said its cloud-computing business will continue to grow slowly in the current quarter as the company ...
Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data ...
Enterprise AI workloads and OpenAI training consumed Azure resources last year. “We have been short power and space,” CFO Amy ...
Microsoft reported its fiscal second-quarter results after Wednesday's closing bell, with investors focused on all things AI.
Microsoft and Amazon Web Services could face an investigation by U.K. regulators after an independent enquiry found that ...
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 ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback