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The company will surely benefit from an anticipated AI product rollout.
Microsoft (NASDAQ: MSFT) fell 6.1% on Thursday, its worst session since Oct. 26, 2022, when the tech giant slipped 7.7%. Even after gaining 1% on Friday, Microsoft is up less than 8% year to date ...
Microsoft also announced that it authorized a new share repurchase program worth up to $60 billion in addition to its current program, which had $10.3 remaining as of June 30.
Microsoft touches virtually all areas of worldwide technology today. Its software powers personal and enterprise computer systems. Azure, its cloud platform, is a foundation for the internet.
Microsoft reports $65.6 billion in quarterly sales as investors look to know if AI spending worth it REDMOND, Wash. (AP) — Microsoft on Wednesday reported an 11% increase in profit for the July-September quarter compared to the same time last year as investors looked for signs that the company's huge spending on artificial intelligence is ...
Microsoft wasn't directly responsible, of course, but it wouldn't hurt the company to be more communicative and contrite about the matter. Should you invest $1,000 in Microsoft right now? Before ...