Microsoft yesterday reported profits of US$24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud ...

Microsoft Corp. said its cloud-computing business will continue to grow slowly in the current quarter as the company ...

Microsoft has tested Wall Street's patience by plunking down huge amounts of cash in pursuit of profits from AI that have yet ...

The Azure cloud division will grow at as much 32 per cent in its fiscal third quarter, not much faster than it did during the ...

Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the US technology industry, the ...

DeepSeek’s success initially rattled investors’ assumptions about the AI spending wave that has swept through Silicon Valley ...

Microsoft shares dropped 5 per cent, while Meta was up 2 per cent after their October-December Q1 results, both companies posted profits, according to AP reports.

Microsoft reported fiscal second-quarter Intelligent Cloud revenue that missed analysts’ expectations, dragging shares lower after the bell Wednesday.

Microsoft is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to ...

Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data ...

Building and operating AI systems is costly, and Microsoft has said it plans to spend 80 billion dollars (£64.38 billion) this year as it expands its global network of energy-hungry computing centres ...

Lam Research issued better-than-expected guidance for the current quarter. For its current quarter, the maker of equipment for semiconductor manufacturing forecast per-share earnings between 90 cents ...