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Microsoft, Azure cloud business

The Seattle Times · 2h

Microsoft sales smash Wall Street expectations, driven by cloud and AI

The tech giant released financial results for its fourth fiscal quarter, which ran from May through the end of June, on Wednesday and exceeded Wall Street estimates. Microsoft reported $76.4 billion in revenue with $27.2 billion in profit, both metrics showing their highest year-over-year growth in over two years.

The Associated Press on MSN · 1h

Microsoft's annual cloud revenue hits $75 billion, profit beats expectations

Microsoft reveals that its Azure cloud computing platform has generated over $75 billion in annual revenue, marking a 34% increase from the previous year

The Hindu BusinessLine · 1m

Microsoft Cloud revenue jumps 34% to $75 bn on AI push

Microsoft’s Azure revenue surged 34% to $75 bn, boosting Q4 profit to $34.3B. Layoffs continue as it pivots to a lean, AI-focused future.

Meta, Microsoft Shares Jump

Microsoft stock surges after it posts another earnings beat

Shares were up over 7% after hours following Microsoft's reported fourth-quarter revenue of $76.4 billion and earnings of $3.65. Analysts surveyed by Bloomberg expected quarterly revenue of $73.89 billion and earnings of $3.37 per share.

Bloomberg L.P. · 1h

Meta, Microsoft Shares Jump After Robust Earnings

Good morning. Record artificial intelligence spending isn't holding tech shares back. Job seekers are competing with AI platforms. And a full battery comes with fries at the Tesla Diner. Listen to the day’s top stories.

MarketWatch · 12h

Traders prepare for earnings of heavyweights Microsoft and Meta to move the market

Microsoft and Meta Platforms are the second and fifth biggest companies respectively in the S&P 500 and together have a weighting of about 9.8% in Wall Street's benchmark equity index. Consequently, t

1h

Microsoft CFO calls for 'intensity' in an internal memo, after blowout earnings

Microsoft reported a $27 billion quarterly profit, after cutting thousands of jobs. The CFO is keeping up the pressure.

1hon MSN

Microsoft Stock Jumps on AI, Cloud Strength in Latest Quarter

Shares in the software giant rose 7.3 percent to $551 in after-hours trading as investors anticipate greater artificial ...

2h

Microsoft Backs Up A.I. Spending With $27.2 Billion Quarterly Profit

The company’s results are likely to ease investors’ worries that big investments in artificial intelligence aren’t paying off ...

36mon MSN

Microsoft plans record $30B in quarterly capital spending to meet surging AI demand

Microsoft plans to invest more than $30 billion in capital spending next quarter —a new high — to meet surging AI and cloud demand.

1d

Why Microsoft CEO Satya Nadella is grateful to those 15,000 laid-off employees

Microsoft CEO Satya Nadella thanked over 15,000 laid-off employees in a memo, calling their contributions foundational—even ...

4d

Microsoft CEO Satya Nadella Says Layoffs Are ‘Weighing Heavily’ On Him

Microsoft has eliminated approximately 15,000 roles since May. The company’s CEO said layoffs are the “enigma of success.” ...

3hon MSN

Xbox Console Sales Drop 22%, Game Pass and First-Party Titles Drive 10% Rise in Overall Microsoft Gaming Revenue

Content and services sales increased 13%. Hardware revenue, which is made up of sales for Xbox devices, including the Xbox ...

6don MSN

Satya Nadella seeks to reassure Microsoft employees in layoffs memo

Microsoft CEO Satya Nadella didn’t send a company-wide memo when the software maker laid off as many as 9,000 employees ...

5d

Microsoft employees react to CEO's 'enigma of success' memo with a mixture of suspicion, anger, and speculation

Satya Nadella attempted to explain why Microsoft is cutting thousands of jobs while earnings billions of dollars. Employees ...

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