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Microsoft to spend record $30 billion this quarter

Reuters on MSN · 4h

Microsoft to spend record $30 billion this quarter as AI investments pay off

Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming sales in its Azure cloud computing business showcased the growing returns on its massive bets on artificial intelligence.

East Bay Times · 4h

Meta, Microsoft face investor scrutiny over AI spending binge

Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of slowing.

Bloomberg on MSN · 6h

Microsoft Cloud Sales Beat Expectations Amid Record AI Spending

Microsoft Corp. reported better-than-expected growth in its cloud business and said spending on AI infrastructure hit a record.

Microsoft, Cloud Unit Bolsters Earnings

The Wall Street Journal on MSN · 6h

Microsoft’s Cloud Unit Bolsters Earnings

Much of Microsoft’s recent growth has come through the cloud business, which AI companies have been using to host models.

Business Insider on MSN · 6h

Microsoft stock surges after it posts another earnings beat

Shares in the tech giant jumped after earnings came in above estimates. CEO Satya Nadella said that cloud and AI continue to drive the company's growth. Microsoft stock surged in after-hours trading on Wednesday after the tech giant beat analysts' expectations for another straight quarter.

MarketWatch · 5h

Here's what could really excite investors on Microsoft's earnings call

Microsoft investors have to wait a bit longer for the company's guidance, which it historically shares on the earnings call. Expect a heavy focus on cloud expectations and spending plans. But there's another big thing investors should listen for on the call,

6hon MSN

Microsoft posts strong quarter, cites broad AI and cloud growth as Azure revenue tops $75B annually

Microsoft significantly exceeded earnings expectations for the June quarter and disclosed its standalone annual Azure revenue ...

3h

AI’s long-term impact on IT jobs still unclear, Microsoft study suggests

It’s been like this across many IT sectors for as long as anyone can remember. Arguably, then, AI won’t reduce demand so much ...

6h

Microsoft sales smash Wall Street expectations, driven by cloud and AI

The tech giant released financial results for its fourth fiscal quarter, which ran from May through the end of June, on ...

5hon MSN

Microsoft and Meta fuel $500-billion gain in AI stocks

Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday after ...

11hon MSN

Microsoft study reveals the 40 jobs AI is most likely to impact — and 40 that are safe (for now)

A newly released Microsoft Research study has ranked 40 occupations it believes are most at risk from advanced AI tools, ...

1don MSN

Microsoft earnings preview: AI fuels cloud growth, boosts capital costs, reshapes workforce

Microsoft is set to report Q4 FY25 earnings, with Wall Street expecting strong results driven by AI demand and cloud growth — ...

11h

Become a sewage worker to avoid AI jobs bloodbath, says Microsoft

Sewage workers, railway builders and powerboat drivers are among the jobs least exposed to the rise of artificial ...

6hon MSN

Meta and Microsoft showing they can make money in the age of AI, says Jefferies Brent Thill

Brent Thill, Jefferies, and Ray Wang, Constellation, join 'Closing Bell Overtime' with reaction to Meta and Microsoft ...

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