Page 35 - Intelligent Cloud News Today

Microsoft is set to report fourth quarter results on Tuesday with investors focused on cloud growth, AI, and any updates on the pending acquisition of Activision Blizzard.

Microsoft on Tuesday (Jul 25) surpassed Wall Street estimates for fourth-quarter revenue and profit as its cloud business benefited from product upgrades featuring new artificial intelligence (AI) technology. Revenue rose to US$56.2 billion in the quarter ended June, compared with analysts' consensus estim

Microsoft on Tuesday surpassed Wall Street estimates for fourth-quarter revenue and profit as its cloud business benefited from product upgrades featuring new artificial intelligence technology. ...

REDMOND, Wash. - July 25, 2023 - Microsoft Corp. today announced the following results for the quarter ended June 30, 2023, as compared to the corresponding period of last fiscal year: ...

Microsoft Corp. easily topped profit and revenue expectations for its latest quarter, though its shares were moving lower after the report.

Microsoft Cloud Strength Drives Fourth Quarter Results REDMOND, Wash. - July 25, 2023 - Microsoft Corp. today announced the following results for the quarter ended June 30,...

(Reuters) -Microsoft on Tuesday laid out an aggressive spending plan to meet demand for its new artificial intelligence services after surpassing Wall Street estimates for fiscal fourth-quarter revenue and profit. Costs rose sharply as Microsoft built new data centers to support AI, and Chief Financial Officer Amy Hood said on a conference call with analysts the company's capital expenditures would continue rising each quarter throughout fiscal 2024. Wall Street is looking at how generati...

With big-tech earnings looming, many have turned focus to cloud spending trends. What can investors expect?

Microsoft (NASDAQ:MSFT – Free Report) had its price target lifted by Barclays from $336.00 to $425.00 in a research report sent to investors on Wednesday morning, Marketbeat.com reports. Barclays currently has an overweight rating on the software giant’s stock. MSFT has been the topic of several other research reports. Atlantic Securities raised their price target […]

Microsoft (NASDAQ:MSFT – Free Report) had its target price upped by Bank of America from $340.00 to $405.00 in a research note published on Wednesday, MarketBeat Ratings reports. They currently have a buy rating on the software giant’s stock. Other research analysts have also issued research reports about the stock. Moffett Nathanson upped their price […]