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Trying to Stick the Soft Landing

Primary catalysts for the recent moves in the equity markets have been a stronger than expected corporate earnings and cooler inflation. ....

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The Baton Pass | ETF Trends

The Baton Pass | ETF Trends
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Microsoft sales, profit beat expectations on AI demand

Microsoft sales, profit beat expectations on AI demand
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Microsoft Sales, Profit Beat Expectations on AI Demand

(Bloomberg) Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software maker’s cloud and artificial intelligence offerings.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldBiden’s Gains Against Trump V ....

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Microsoft Q3 Results: Company basks in AI glory, revenue up 17% to $61.9 billion, Azure up 31%, beats analysts estimates

Chief Executive Officer Satya Nadella’s strategy of integrating AI technology from OpenAI into Microsoft’s entire product line is showing significant returns, as evidenced by an uptick in customers utilising AI tools for tasks like summarising documents and generating content ....

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