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Microsoft Stock Jumps

The Hollywood Reporter on MSN · 1d

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 intelligence offerings from the Azure cloud-computing business.

Investopedia on MSN · 1d

Microsoft Stock Jumps as Cloud and AI Demand Drive Strong Quarterly Results

Microsoft (MSFT) reported quarterly earnings that topped analysts' expectations on the strength of growth in its Intelligent Cloud segment, sending shares higher in extended trading Wednesday. Shares jumped over 7% in after-hours trading to about $552,

Hosted on MSN · 1d

Microsoft quarterly profits soar on AI and cloud growth

Technology giant Microsoft on Wednesday said its profit soared above expectations in the recently ended quarter, driven by its cloud computing and artificial intelligence (AI) units. Microsoft was one of the first tech giants to double down on artificial intelligence when the launch of ChatGPT in 2022 rocked the tech industry.

Microsoft Surges to $4 Trillion Market Cap

Fox Business on MSN · 18h

Microsoft joins exclusive $4T market cap club after AI surge, joining only one other company

Nvidia welcomed Microsoft to the exclusive $4 trillion club as America's tech giants plow through growing demand for artificial intelligence.

New York Post on MSN · 21h

Microsoft joins $4T market-cap club after blowout earnings

Microsoft’s multibillion-dollar bet on OpenAI is proving to be a game changer, powering its Office Suite and Azure offerings with cutting-edge AI and fueling the stock to more than double its value since ChatGPT’s late-2022 debut.

Bloomberg L.P. · 1d

Microsoft Set to Hit $4 Trillion Market Cap After Earnings Beat

Microsoft Corp. is set to become the second company in the world to reach a $4 trillion market capitalization after reporting quarterly earnings that beat Wall Street’s expectations, sending the stock soaring in extended trading Wednesday.

Amazon, cloud computing

Fast Company · 20h

Amazon’s profit outlook overshadowed by cloud computing results

The tech giant expects total net sales to be between $174.0 billion and $179.5 billion in the third quarter, compared with analysts’ average estimate of $173.08 billion.

Reuters on MSN · 5h

Amazon slumps after cloud computing growth underwhelms investors

Amazon.com shares tumbled 8% on Friday, as the tech giant's results fanned investor fears its cloud unit was falling behind Microsoft and Alphabet in the artificial intelligence race.

PA Media on MSN · 1d

Amazon and Microsoft harming competition in cloud computing, finds CMA

It raised concerns over the way Microsoft charges Amazon and Google to use its software, which it said is driving up costs.

21hon MSN

Microsoft becomes the second $4 trillion company

Microsoft’s stock price has risen so much today that it has passed a $4 trillion market valuation for the first time in its ...

22hon MSN

Why Rigetti Computing Stock Is Soaring Today

Rigetti Computing shares jumped after Microsoft signaled quantum computing as the next leap in cloud technology.

8h

UK looks to stop "harmful" cloud domination by AWS, Microsoft - but the tech giants are hitting back

The UK's Competition and Markets Authority (CMA) has determined Britain's cloud market shows too many anticompetitive traits, ...

8hon MSN

Amazon slides after cloud computing growth underwhelms investors

(Reuters) -Amazon.com shares dropped nearly 8% before the bell on Friday, after growth in its cloud computing unit failed to ...

1d

Microsoft Shares Spike 7% As Revenue Surges Above Wall Street Forecasts

Microsoft reported revenue of $76.4 billion in its fourth quarter, up 18% from the same period last year and well above ...

18hon MSN

Amazon shares fall on weak cloud growth while rivals Google, Microsoft thrive: ‘Very disappointing’

Amazon on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its ...

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