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Microsoft touts AI strength, but shares dip as market digests costs

But Microsoft shares were down 1% after-hours as investors absorbed news about rising costs to develop these AI features. ....

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Microsoft: Cloud Leadership Soars (NASDAQ:MSFT)

Microsoft: Cloud Leadership Soars (NASDAQ:MSFT)
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microsoft q4 results: Microsoft Q4 results: Revenue rises to $56.2 billion, AI spending soars

Costs rose sharply as Microsoft built new data centers to support AI, and chief financial officer Amy Hood said on a conference call with analysts the company s capital expenditures would continue rising each quarter throughout fiscal 2024. ....

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Amid layoffs, Microsoft beats estimates with strong Q3 results driven by AI

Microsoft's cloud business Azure experienced a 27 per cent growth in the latest reported quarter, surpassing analysts' expectations for 26.6 per cent growth ....

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Microsoft Revenue up by 2%, Net Income down by 12 %

Microsoft has recorded its slowest sales growth in more than six years in its December quarter of 2022, as it took a $1.2 billion hit after laying off 10,000 people amid poor PC sales globally. ....

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