Microsoft exceeded Wall Street expectations for its fiscal second quarter driven by robust cloud computing operations, despite a dip in MSFT stock. Learn more about the recent financial performance and investor reactions.
Microsoft surpassed Wall Street projections for its fiscal second quarter, buoyed by a thriving cloud computing sector despite a slight decline in MSFT stock value. The company's strong performance was especially evident in its cloud business, particularly Azure, which exceeded growth estimates. Windows license sales also showed a positive uptick during this period. Despite the impressive financial results, Microsoft's shares experienced minor fluctuations, prompting market analyses and investor reactions. Additionally, Microsoft's investments in artificial intelligence (AI) contributed to its overall success in attracting customers to Azure, overshadowing concerns about costs. The company continued its streak of record sales for the fifth consecutive quarter, showcasing its resilience in a volatile market environment.
Microsoft beat Wall Street's targets for its fiscal second quarter thanks to strong cloud computing business. MSFT stock fell.
Microsoft shares are little changed in late trading Tuesday after the software giant posted December quarter results that edged Wall Street estimates.
Azure cloud growth delivered in Microsoft's fiscal second quarter, and sales of Windows licenses picked up.
Microsoft beat market estimates for quarterly profit and revenue on Tuesday, as new artificial-intelligence features helped attract customers to its Azure ...
Microsoft delivered another blowout earnings report Tuesday, tallying its best-ever quarterly revenue for its fifth quarter in a row โ a stretch directly ...
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Microsoft reported its Q2 earnings after the bell on Tuesday, beating on the top and bottom line.
Microsoft is scheduled to report second quarter fiscal 2024 earnings results after the closing bell Tuesday.
Microsoft's net income rose 33% to $21.9 billion in the three months through December. That is the strongest quarterly expansion for the company since the ...
But shares of both companies fell in extending trading. โIn my general conversations with public market investors and sell-side analysts, few have a correct ...
The Dow Jones index fell in early trades Tuesday after economic data. Apple, Microsoft, Alphabet are due to report in the afternoon.
AI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft , Alphabet and Advanced Micro Devices delivered quarterly ...
Microsoft reported its Q2 earnings after the bell on Tuesday, beating on the top and bottom line.
The Magnificent Seven stocks aren't so magnificent in early Wednesday morning trading. Class A Shares of Alphabet (GOOGL) dropped more than 5% and ...
Much appeared to be resting on Microsoft's (NASDAQ:MSFT) shoulders ahead of the newly crowned world's most valuable company's latest quarterly readout.
When you are a stock priced for greatness but only deliver a super good earnings report...sometimes investors will get in a huff. Such is the case with the initial crop of earnings from tech behemoths Microsoft (MSFT), Advanced Micro Devices (AMD), ...
Microsoft disappointed investors with its latest financial report. While revenues were stronger than expected, the software giant's forecast for the current ...
Tech giants on Tuesday talked up how customers are lapping up their generative AI-powered products, but mounting costs of developing the cutting-edge ...
Nasdaq-100 futures fell as Alphabet and Microsoft shares slid post-earnings.
Microsoft disappointed investors with its latest financial report. While revenues were stronger than expected, the software giant's forecast for the current ...
Microsoft's fiscal second-quarter earnings and revenue beat analysts' expectations, advertising sales at Alphabet miss estimates, AMD issues a weak ...
Despite exceeding their top and bottom line expectations Alphabet shares were down over -7% today while Microsoft's stock dipped -2%. Still, over the last year, ...
This week's earnings lineup is headlined by quarterly results from big tech giants with Alphabet GOOGL and Microsoft MSFT already reporting after market ...
Microsoft crossed the $3 trillion valuation level last week, joining Apple as the only two companies ever to reach that lofty status.