In Q2 FY2025, Microsoft outperformed top and bottom line estimates, with total revenues increasing +12% y/y to $69.6B (vs.
Microsoft shares tumbled as much as 5% in extended trading Wednesday after the software company issued fiscal second-quarter ...
However, the advent of DeepSeek and the inevitable questions it raises regarding cost also featured in Microsoft's thinking.
JMP Securities has maintained a Market Outperform rating on Amazon.com (NASDAQ:AMZN) with a steady price target of $285.00. According to InvestingPro data, Amazon maintains a GREAT financial health ...
The cloud computing sector is driving the digital economy through AI, multi-cloud strategies, and sustainability, making it a ...
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.
Microsoft Corporation (MSFT) launched the highly popular DeepSeek R1, a powerful AI model, on its Azure cloud platform GitHub ...
Enterprise AI workloads and OpenAI training consumed Azure resources last year. “We have been short power and space,” CFO Amy Hood said.
Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data ...
Microsoft CFO Amy Hood said the company expects its Azure cloud- services business to grow at about 31% to 32% in the fiscal third quarter. Wall Street has been expecting Azure growth of 31.7% for the ...
Microsoft has tested Wall Street's patience by plunking down huge amounts of cash in pursuit of profits from AI that have yet ...