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.
Tech results - as it happened: Microsoft shares slide after cloud growth disappoints; Zuckerberg promises ‘intense’ year for Meta
Group revenue for Microsoft’s fiscal second quarter ending in December rose 12 per cent from the previous year to a quarterly record of $69.6bn, beating analysts’ expectations for $68.9bn. Net income was up 10 per cent to $24.1bn, ahead of the average estimate of $23.5bn.
Microsoft stifling competition in cloud services market, finds UK regulator
The UK antitrust regulator has singled out Microsoft for using its dominance in software to stifle rivals in the £9bn UK cloud services market, as the watchdog warned competition “is not working”.
OpenAI struggles to price Microsoft stake in deal to become for-profit company
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Source Code by Bill Gates — a life in computers
The first in a projected three-volume memoir from the Microsoft founder offers a moving account of his early years
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 reveals massive financial growth once again, cloud and AI lead the way
Overall Microsoft revenue rises again, with AI tools pushing it forward Annual revenue run rate for Microsoft's AI business is up 175% YoY Microsoft opened two new data center regions last quarter Microsoft revenue climbed a very healthy 12% year-over-year in the final three months of 2024,
Microsoft’s Strong Financial Performance and Strategic Positioning Justifies Buy Rating with Focus on AI Growth
TD Cowen analyst Derrick Wood has maintained their bullish stance on MSFT stock, giving a Buy rating today.Invest with Confidence: Follow
OpenAI could be worth as much as TikTok owner Bytedance with SoftBank's latest investment
SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after SpaceX.
OpenAI says Chinese companies are trying to use US models to train AI
The new AI app DeepSeek disrupted global markets this week after releasing a model that could compete with US models like ChatGPT but was more cost-effective. View on euronews
Veteran trader raises eyebrows with CrowdStrike stock price target
Related: Analyst reboots CrowdStrike stock price target on market conditions Decades later, the U.S. is facing another so-called Sputnik moment. The tech sector took a flying kung-fu kick recently when Chinese startup DeepSeek launched its latest AI model,
Massive valuation: OpenAI in talks to raise up to $40 billion that would value ChatGPT owner at a whopping $340 billion, says report
The funds will support key initiatives like the Stargate project and help reduce OpenAI’s reliance on Microsoft as it shifts to a for-profit model.