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.
Mizuho cuts Microsoft stock price target to $500
The company reported revenue of $69.6 billion and earnings of $3.23 per share, compared to the consensus estimates of $68.8 billion and $3.11, respectively.
Stocks are ticking higher on Wall Street following a rush of profit reports from some of the country’s most influential ...
Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in ...
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The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for ...
Microsoft shares fell over 4% after Q2 results showed disappointing revenue forecast, but GAAP earnings beat estimates.
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 ...
Cantor Fitzgerald has recently initiated Microsoft Corp (MSFT) stock to Overweight rating, as announced on January 17, 2025, according to Finviz. Earlier, on January 6, 2025, Piper Sandler had ...
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