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Second quarter earnings reached record highs, thanks to AI companies. With more than half of second quarter earnings reported ...
AI businesses, including productivity software and cloud computing, are going strong.
With more than half of second quarter earnings reported and stocks near record highs, company results have reassured ...
Helped by higher advertising and a growing user base on its social media platforms, Meta earned $18.34 billion in the quarter ...
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.
Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions ...
Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...
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Microsoft valuation surged past $4 trillion after markets opened on Thursday after beating expectations for second-quarter ...
Microsoft posted its fiscal fourth-quarter results after Wednesday's closing bell. Investors will be focused on cloud growth, ...
Like clockwork, cloud services are the strong point of Microsoft’s revenue this quarter. Azure revenue grew 39 percent ...
Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its ...
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