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Microsoft stock pops 9% on earnings beat as Azure annual revenue tops $75 billion
Microsoft's finance chief, Amy Hood, called for $74.7 billion to $75.8 billion in fiscal first-quarter revenue. The middle of the range, at $75.25 billion, surpassed LSEG's $74.09 billion consensus. The company sees 37% Azure growth at constant currency. StreetAccount's consensus was 33.7%.
Investors should draw additional comfort from what is happening with less fanfare elsewhere in its business.Outside the AI race, Microsoft is minting money from corporate customers spending on regular ...
Both tech giants raised their capital spending on AI. Read more at straitstimes.com. Read more at straitstimes.com.
Meta has been in the midst of a multi-billion dollar AI push after Zuckerberg admitted that the company had fallen behind ...
A notable nugget for data platform watchers is with Azure Databricks and Snowflake on Azure both accelerating, Microsoft is ...
Microsoft reported quarterly earnings that topped analysts' expectations on strong growth in its Intelligent Cloud segment, ...
The Official Microsoft Blog on MSN5d
How Microsoft’s customers and partners accelerated AI Transformation in FY25 to innovate with purpose and shape their future success
Over the past fiscal year, our customers and partners have driven pragmatic outcomes by implementing AI-first strategies ...
Microsoft's 35% Azure growth and $315B backlog position MSFT for strong Q4 results. AI capacity constraints signal robust ...
Shares in the software giant rose 7.3 percent to $551 in after-hours trading as investors anticipate greater artificial ...
Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.
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