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Microsoft Reports 10% Quarterly Profit Growth
Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.
Microsoft Continues to Spend Big on A.I. as Profit Grows 10%
The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for tech stocks.
Microsoft reports 10% quarterly profit growth, investors dismayed by AI performance, left wanting for more
Despite the overall positive results, Microsoft’s shares dropped by 5 per cent in after-hours trading on Wednesday. The decline came after a broader sell-off in tech stocks, spurred by growing concern
Meta climbs and Microsoft falls
Stock market today: Meta climbs and Microsoft falls as most stocks rise on Wall Street
Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s most influential companies, but drops for Nvidia and Microsoft are keeping the market in check.
Microsoft profit rises but cloud business misses mark
Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud computing business. Microsoft revenue grew to $69.6 billion and the amount of money taken in by its "intelligence cloud" unit climbed to $25.
Wall Street rises as gains in Meta, Tesla offset Microsoft slump
Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak cloud forecast and downbeat results from Cigna dampened investor enthusiasm. Microsoft MSFT.O dropped 4.7% after forecasting disappointing growth in its cloud computing business.
Microsoft shares slide
Microsoft shares slide as cloud forecast, AI spending disappoint
Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in after-hours trading as investors worry about big spending, elusive artificial intelligence revenue and competition from cheaper AI models from China.
Microsoft’s cloud sales disappoint as it struggles to meet AI demand
Microsoft’s vast cloud division posted slower growth than Wall Street forecast as the tech group struggled to keep pace with customer demand for artificial intelligence-related services. The Seattle-based software group beat analysts’ expectations for revenue and net income in the quarter ending in December,
Microsoft’s cloud division misses growth targets amid slower demand for AI services
Microsoft announced slow business growth in its cloud business in Q1 2025 as it struggles to create data centers that can handle the demand for its AI.
Microsoft Stock Slips
Microsoft’s Earnings Beat Estimates. The Stock Is Still Falling.
Microsoft reported second-quarter earnings and revenue that beat Wall Street estimates on Wednesday. The stock, however, was dropping. The company reported earnings of $3.23 a share on revenue of $69.
Microsoft: Fiscal Q2 Earnings Snapshot
(MSFT) on Wednesday reported fiscal second-quarter earnings of $24.11 billion. The Redmond, Washington-based company said it had net income of $3.23 per share. The results surpassed Wall Street expectations.
Microsoft Stock Slips After Company Releases Earnings
Shares in Microsoft fell 2.8% in afterhours trading as the tech giant released fourth-quarter earnings. The company reported earnings per share of $3.23 and revenue of $69.6 billion. Microsoft was expected to report earnings per share of $3.
18h
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 ...
18h
Microsoft results disappoint investors wanting more from AI
Microsoft on Wednesday posted disappointing Azure cloud business growth and large artificial intelligence expenses, hitting ...
3h
on MSN
Microsoft cloud growth constrained by data center shortage
Microsoft said its cloud-computing business will continue to grow slowly in the current quarter as the company struggles to ...
20h
Microsoft focused on improving profits in gaming
Microsoft CEO Satya Nadella told Wall Street that the company is focused on improving profits in its video game business. Overall gaming revenue fell 7%, and Xbox hardware revenue tumbled 29% in the ...
TweakTown
19h
Xbox doubles down on profit, high-margin businesses: Xbox Game Pass, breaking exclusivity, etc.
Microsoft CEO Satya Nadella gives an update on the state of the Xbox business, saying that releasing games like Black Ops 6 ...
22h
on MSN
Microsoft beats quarterly revenue estimates, Azure growth slows
Microsoft reported slower-than-expected growth in its crucial Azure cloud business on Wednesday despite beating estimates for ...
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