Microsoft beats earnings estimates, even as AI spending spree continues
Microsoft's stock soared after the company's quarterly revenue and profit handily beat expectations.
28 Oct 13:24 · The Seattle Times
Microsoft's cloud growth, cash flow offer respite from AI spending fears
Oct 28 : Microsoft on Wednesday forecast fiscal second-quarter cloud growth and overall sales that beat Wall Street estimates, sending shares up more than 5 per cent in after-hours trading.The forecast came after Microsoft had earlier beaten expectations for first-quarter cloud revenue, offering fresh evidenc
28 Oct 20:08 · CNA
Microsoft cloud revenue beats estimates in sign that AI bet is paying off
Oct 28 : Microsoft surpassed expectations for quarterly cloud revenue on Wednesday, signaling that its hefty AI investments were paying off at a time Wall Street grows increasingly wary of Big Tech's debt-fueled spending.The software and cloud company's free cash flow also exceeded expectations by about $10 b
28 Oct 20:08 · CNA
Microsoft cloud revenue beats estimates in sign that AI bet is paying off
Oct 28 : Microsoft surpassed expectations for quarterly cloud revenue on Wednesday, signaling that its hefty AI investments were paying off at a time Wall Street grows increasingly wary of Big Tech's debt-fueled spending.The software and cloud company's free cash flow also exceeded expectations by about $10 b
28 Oct 20:08 · CNA
Microsoft's cloud growth, cash flow offer respite from AI spending fears
Oct 28 : Microsoft on Wednesday forecast fiscal second-quarter cloud growth and overall sales that beat Wall Street estimates, sending shares up more than 5 per cent in after-hours trading.The forecast came after Microsoft had earlier beaten expectations for first-quarter cloud revenue, offering fresh evidenc
28 Oct 20:08 · CNA
Oracle eases AI spending worries with plan to turn cash flow positive
Oct 28 : Oracle said on Wednesday it expects capital spending to peak this fiscal year and next as it builds more cloud-computing capacity, but pledged to raise no more than $20 billion in additional financing for AI through fiscal 2030.The pledge is meant to reassure investors worried that Larry Ellison's co
28 Oct 18:36 · CNA
Oracle eases AI spending worries with plan to turn cash flow positive
Oct 28 : Oracle said on Wednesday it expects capital spending to peak this fiscal year and next as it builds more cloud-computing capacity, but pledged to raise no more than $20 billion in additional financing for AI through fiscal 2030.The pledge is meant to reassure investors worried that Larry Ellison's co
28 Oct 18:36 · CNA
Microsoft Cloud Revenue Surpasses $63B as Azure Gains 48% in Q1 FY27⁠
Surging enterprise appetite for digital infrastructure propelled Microsoft to a stronger-than-anticipated start to its 2027 fiscal year, lifting
29 Oct 06:44 · KalingaTV
last updated on 29 Oct 09:34