Microsoft Stock Slips
Microsoft’s AI revenue grows, but its stock falls on lower guidance and concerns over spending
Microsoft is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to expand its global network of high-powered data centers to meet demand for the specialized chips required to train and run AI models.
The company reported revenue of $69.6 billion and earnings of $3.23 per share, compared to the consensus estimates of $68.8 ...
Microsoft shares dropped 6% after issuing weak current-quarter guidance. The software giant topped Wall Street's fiscal ...
Other analysts seem to agree. Out of 58 analysts that cover the stock on Wall Street, 39 rate it a "buy" and 14 rate it a ...
Dow Jones stocks edged higher in the stock market today as investors awaited Powell's remarks and earnings from three tech ...
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In Q2 FY2025, Microsoft outperformed top and bottom line estimates, with total revenues increasing +12% y/y to $69.6B (vs.
Microsoft's disappointing Azure numbers are "neutral to modestly negative" for rivals Amazon.com and Alphabet, according to RBC Capital Markets analyst Brad Erickson. Alphabet stock rose 1% while ...
(Reuters) -Microsoft shares fell 3.5% in premarket trading on Thursday after the company issued a downbeat forecast for its cloud business, while Meta rose 2.6% after beating quarterly revenue ...
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