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Microsoft reported bigger profit growth for the latest quarter than analysts expected. Its revenue also topped forecasts, but its stock nevertheless sank 6% as investors and analysts scoured for ...
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Microsoft's stock has underperformed the S&P 500 this year, ... Today, the company has a market cap of $3.1 trillion as investing into AI appeared to pay off for the business, at least for now ...
NEW YORK (AP) — Alphabet and Microsoft led the U.S. stock market to its first winning week in the last four and its biggest weekly gain since November. The S&P 500 rose 1% Friday.
Microsoft spent a whopping $55.7 billion on capital expenditures during its fiscal 2024, most of which went toward AI data center infrastructure and chips. Management has already said it plans to ...
Microsoft's high-margin cloud business continues to shine.
Microsoft (NASDAQ: MSFT) stock is slipping in Thursday's trading following the company's recent quarterly report. The tech giant's share price was down 5.4% as of 3 p.m. ET. After the market ...
Microsoft stock reached a record high on Monday after the company said that Sam Altman, former chief executive of OpenAI, will join the company to head its artificial intelligence innovation leg ...