Microsoft's stock soared after the company's quarterly revenue and profit handily beat expectations.

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

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

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

Oct 28 : Oracle said it expects capital spending to peak this fiscal year and next as it builds more cloud capacity, but pledged to raise no more than $20 billion in additional financing through fiscal 2030.The pledge is meant to reassure investors worried that Larry Ellison's company will need ever-larger s

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

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