Microsoft, Cloud
Digest more
Shares of Microsoft plunged 12% and software stocks hit a bear market. The S&P 500 edged back from 7,000 as AI spending fears were rekindled.
Meta jumped, while Microsoft plunged post-earnings as investors hunt for signs that big AI investments are paying off.
Microsoft’s More Personal Computing division was the only business unit to post a revenue decline this quarter.
2don MSN
Microsoft beats expectations, cloud tops $50B as OpenAI and Anthropic deals reshape its business
Microsoft’s big financial bet on artificial intelligence got even bigger in the December quarter, but it also showed continued signs… Read More
Microsoft reported $81.3B in revenue and 29% cloud growth with AI scale, OpenAI stakes, and CapEx risks. Read why MSFT stock is upgraded to strong buy.
Microsoft shares plunged Thursday, pulling major indexes lower, after the software and cloud computing giant released quarterly results. A flurry of Big Tech earnings have been released in recent days,
Microsoft (NASDAQ: MSFT) continues to provide investors with earnings beats and strong growth in its cloud, AI and gaming segments.