Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.
Shares of Microsoft (MSFT) are down after the technology giant reported Fiscal second quarter financial results that showed ...
Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep ...
Tesla, Microsoft, and Meta are reacting to earnings calls overnight, which came in after the bell on Wednesday.
Microsoft is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to ...
Shares in Microsoft fell 5% in afterhours trading as the tech giant said its flagship cloud computing business experienced a slowdown in growth last quarter. The takeaways: The company’s overall ...
Microsoft shares tumbled Thursday after the company’s weaker-than-expected fiscal second-quarter cloud growth prompted some ...
Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s ...