News
Microsoft's Azure cloud revenue surges as AI spending pays off
Microsoft's Azure cloud-computing business delivered another quarter of blockbuster growth on Wednesday, powering revenue above Wall Street's expectations and showcasing the growing returns on its massive artificial intelligence bets.
Microsoft CEO Satya Nadella and CFO Amy Hood talked about SAP and VMware migrations, Copilot and AI product adoption and more ...
Microsoft reveals that its Azure cloud computing platform has generated over $75 billion in annual revenue, marking a 34% ...
Much of company’s recent growth has come through the cloud business, which AI companies have been using to host models.
The company’s results are likely to ease investors’ worries that big investments in artificial intelligence aren’t paying off ...
Net income climbed to $27.2 billion, a 24% jump one year ago, with the company also reporting earnings per share of $3.65, ...
Shares in the software giant rose 7.3 percent to $551 in after-hours trading as investors anticipate greater artificial ...
Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming ...
Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...
Microsoft’s Azure revenue surged 34% to $75 bn, boosting Q4 profit to $34.3B. Layoffs continue as it pivots to a lean, ...
Microsoft surpassed Wall Street estimates for quarterly revenue on Wednesday as strong demand from businesses for artificial ...
Based on its post-market trading, Microsoft has become the world’s second $4 trillion company following quarterly earnings.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback