Microsoft shares tumbled Thursday after the company’s weaker-than-expected fiscal second-quarter cloud growth prompted some analysts to be more cautious about the stock.
Investors punished Microsoft with a 6 per cent share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 4 per cent after CEO Mark Zuckerberg assured ...
Microsoft Corporation (NASDAQ:MSFT), a titan in the technology industry with a market capitalization of $3.09 trillion, continues to dominate the software and cloud computing landscape while making ...
CFO Susan Li said most of this spending will support both generative AI initiatives and Meta's core business. Microsoft CEO Satya Nadella highlighted AI's growing role, calling Azure the ...
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