Microsoft Stock Falls After Slowdown in Cloud-Computing Growth
Shares in Microsoft fell 2.8% in afterhours trading as the tech giant released fourth-quarter earnings. The company reported earnings per share of $3.23 and revenue of $69.6 billion. Microsoft was expected to report earnings per share of $3.
It's worth noting that Microsoft isn't a cheap stock. Even after this move, Microsoft trades for about 30.5 times forward ...
Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s ...
The company reported revenue of $69.6 billion and earnings of $3.23 per share, compared to the consensus estimates of $68.8 billion and $3.11, respectively.
Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep ...
Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in ...
Microsoft is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to ...
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In Q2 FY2025, Microsoft outperformed top and bottom line estimates, with total revenues increasing +12% y/y to $69.6B (vs.
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