AI expenses and a looming price war in cloud services could blow up its profits. Blame it on DeepSeek.
Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in ...
Microsoft CEO Satya Nadella told Wall Street that the company is focused on improving profits in its video game business. Overall gaming revenue fell 7%, and Xbox hardware revenue tumbled 29% in the ...
Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud computing business.
Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s ...
But while its overall profits and revenue beat Wall Street expectations, it slightly missed projections for its ...
Global shares mostly rose Thursday after the U.S. Federal Reserve opted not to cut interest rates for the first time since it ...
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s ...
Apple executives on Thursday forecast relatively strong sales growth, a sign the company will recover from a dip in iPhone ...
Microsoft highlighted the expansion of its artificial intelligence division, which generated $13 billion in sales annually.
Meta Platforms and most other US stocks are rising following a rush of profit reports from some of the country’s most ...