News

Microsoft shares surged so much after hours that the tech giant joined the $4 trillion market cap club.
Much of company’s recent growth has come through the cloud business, which AI companies have been using to host models.
Microsoft surpassed a $4 trillion market valuation for the first time after a strong earnings report, driven by AI and cloud ...
Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions ...
Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its ...
Amazon's stock sank on Thursday afternoon, weighed down by mixed guidance and AI competition, though the company beat Q2 ...
With more than half of second quarter earnings reported and stocks near record highs, company results have reassured ...
NEW YORK (Reuters) -With more than half of second quarter earnings reported and stocks near record highs, company results ...
Strong data-center spending means higher sales for companies including Nvidia, AMD, and Broadcom that sell hardware products ...
Helped by higher advertising and a growing user base on its social media platforms, Meta earned $18.34 billion in the quarter ...
Microsoft reported quarterly earnings that topped analysts' expectations on strong growth in its Intelligent Cloud segment, ...
Microsoft posted its fiscal fourth-quarter results after Wednesday's closing bell. Investors will be focused on cloud growth, ...