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Alphabet and Microsoft see earnings rise on AI-infused cloud

SAN FRANCISCO — Google parent Alphabet and computing colossus Microsoft Tuesday reported that quarterly profits climbed on demand for cloud computing enhanced with artificial intelligence.Microsoft saw its shares rise more than 3 per cent to $341.11 on earnings that underscored the momentum of its cloud business.Alphabet share prices, however, slipped more than 5 per cent to
Satya Nadella Colin Sebastian Sundar Pichai Max Willens Baird Equity Research Microsoft Tuesday

microsoft earnings: Alphabet and Microsoft see earnings rise on AI-infused cloud

Google parent Alphabet and computing colossus Microsoft Tuesday reported that quarterly profits climbed on demand for cloud computing enhanced with artificial intelligence. Alphabet reported a quarterly profit of $19.7 billion, powered by money taken in from ads, YouTube, and cloud services.
Uttar Pradesh Sundar Pichai Satya Nadella Max Willens Colin Sebastian Programme In Fintech

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FTC Leaning Toward Appealing Microsoft-Activision Loss

(Bloomberg) -- The US Federal Trade Commission is leaning toward appealing a federal judge’s ruling against the agency’s bid to block Microsoft Corp.’s $69 billion acquisition of Activision Blizzard Inc., according to a person familiar with the case.Most Read from BloombergPoisoned Cough Syrup Killed Kids. Authorities Cut the Investigation ShortTurkey Agrees to Back Sweden’s NATO Bid in Boost to AllianceMicrosoft Cleared to Buy Activision in US as UK Pauses FightDeSan...
United States San Francisco United Kingdom Robert Lande Jacqueline Scott Corley Bloomberg Businessweek
Source: yahoo.com

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