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(Reuters) -Microsoft on Wednesday restructured how it reports results for its business units, moving some search and news advertising revenue under the Azure cloud-computing unit as the tech giant ...
Microsoft's Q1 profits beat analysts' estimates as cloud computing continued to grow. Capital spending reached $20 billion, almost double the amount a year earlier. Investors have been focused on ...
(Reuters) -Microsoft predicted increased spending on artificial intelligence this quarter but slower growth in its cloud business Azure, signaling that big AI investments were not enough to keep ...
Its revenue also topped forecasts, but its stock nevertheless sank 6% as investors and analysts scoured for possible disappointments. Stock market today: Microsoft, Meta and the burden of ...
Microsoft's (NASDAQ: MSFT) cloud computing platform Azure continued to be the growth driver for the stock when the software giant reported its fiscal Q1 earnings. However, the company's guidance ...
(Reuters) -Microsoft Corp on Tuesday forecast double-digit revenue growth for the next fiscal year, driven by demand for cloud computing services, and its shares jumped about 4%. Microsoft ...
Looking ahead, Microsoft forecasts double-digit revenue and operating income growth for fiscal year 2025. It also expects capital expenditures (capex) to be higher than in fiscal year 2024.
Microsoft Corp on Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest U.S. company to warn of a hit from a stronger greenback. A hawkish Federal Reserve and ...