Investors punished Microsoft with a 6% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 4% after CEO Mark Zuckerberg assured Wall Street ...
As promised by Microsoft, the update ( KB5050081) also included some extras for Windows 10. As well as the audio fixes, the new Outlook for Windows app has put in an appearance. Microsoft said, "A new ...
Fourth-quarter earnings per share rose to $1.29 from 77 cents last year. On an adjusted basis, earnings were $1.11 a share, beating both its own guidance of between 99 cents and $1.09 as well as Wall ...
Microsoft is testing a new drag-and-drop filesharing feature in Windows 11 that lets you quickly share files to a phone.
The decline came as Microsoft finance chief Amy Hood said the company expects revenues for the current quarter to range between $67.7 billion and $68.7 billion, falling short of the $69.78 billion per ...
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk. Photo credit: Getty The Fed is used to steering ...
The tech-heavy Nasdaq Composite ( ^IXIC) rose 0.3%, while S&P 500 ( ^GSPC) moved up 0.3%. The Dow Jones Industrial Average ( ^DJI) hovered around the flatline, in the wake of a losing day on Wall ...
While Meta surges on AI success despite DeepSeek concerns, Microsoft stumbles on cloud growth. How are these tech giants betting billions on AI's future?
Wall Street shares rallied on Thursday, as investors cheered earnings from Meta , but shunned Microsoft , while the dollar dipped, further boosting gold prices.
Increases in consumer spending and government spending drove economic growth in the quarter while decreases in investment offset some gains. For the year, the US economy grew at 2.8% pace, slightly ...
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.
The chief executives of Microsoft and Meta defended their hefty investments on artificial intelligence, days after Chinese ...