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Microsoft beat Wall Street estimates for revenues for its second quearter - as new AI features helped attract customers to its cloud and Windows services
(Reuters) -Microsoft Corp beat Wall Street estimates for fiscal second-quarter revenue on Tuesday, as new artificial-intelligence features helped attract customers to its cloud and software services. Microsoft shares were down 2% after-hours. The company, in collaboration with ChatGPT creator OpenAI, has pushed chatbots into its core products such as its Office software and Bing search engine over the past year, attracting business customers eager to try the tech industry's next breakthrough.
Microsoft shares fell 1 per cent in volatile after-hours trading, and then rose slightly
Microsoft Corp beat Wall Street estimates for fiscal second-quarter revenue on Tuesday (Jan 30), as new artificial-intelligence features helped attract customers to its cloud and software services. Microsoft shares were down 2 per cent after-hours. The company, in collaboration with ChatGPT creator OpenAI,
Substantial Increases in Revenue and Net Income Highlighted by Recent Activision Acquisition