The decline came as Microsoft finance chief Amy Hood said the company expects revenues for the current quarter to range between $67.7 billion and $68.7 billion, falling short of the $69.78 billion per ...
Microsoft Corporation (NASDAQ:MSFT) reported its fiscal Q2 2025 earnings, surpassing Wall Street expectations with earnings per share (EPS) of $3.23 compared to the forecasted $3.13. Revenue also ...
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk. Photo credit: Getty The Fed is used to steering ...
The tech-heavy Nasdaq Composite ( ^IXIC) rose 0.3%, while S&P 500 ( ^GSPC) moved up 0.3%. The Dow Jones Industrial Average ( ^DJI) hovered around the flatline, in the wake of a losing day on Wall ...
Increases in consumer spending and government spending drove economic growth in the quarter while decreases in investment offset some gains. For the year, the US economy grew at 2.8% pace, slightly ...
Investors punished Microsoft with a 4 per cent share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 2 per cent after CEO Mark Zuckerberg assured ...
The company reported revenue of $69.6 billion and earnings of $3.23 per share, compared to the consensus estimates of $68.8 billion and $3.11, respectively.
The chief executives of Microsoft and Meta defended their hefty investments on artificial intelligence, days after Chinese ...
Microsoft's net working capital has been gradually increasing and leading to a worse FCF conversion. Read why I remain ...
Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is clouded by persistent inflation worries that are being exacerbated by the ...
Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent ...
Microsoft Corporation (NASDAQ:MSFT), with its impressive $3.29 trillion market capitalization, continues to solidify its position as a leader in the technology sector, with its cloud computing ...