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(Reuters) -Google-parent Alphabet's cloud business crawled to its slowest in at least 11 quarters, sending the company's stock down 5.7% after hours, even as sales at rival Microsoft's cloud unit boomed. The drop in Google’s share price despite beating Wall Street estimates for profit and sales, shows how much investors want the company to deliver gains in artificial intelligence, and show the cloud business remains competitive against a more powerful Azure from Microsoft and Amazon.com’s AWS. Fears of a slowing global economy have prompted companies to curb spen...

Microsoft (MSFT) won the battle of the mega-caps late Tuesday as it and Alphabet (GOOGL) both posted their earnings results for the most recent quarte

Google-parent Alphabet's cloud business crawled to its slowest in at least 11 quarters, sending the company's stock down 5.7% after hours, even as sales at rival Microsoft's cloud unit boomed. ...

SAN FRANCISCO, Oct. 24 (Xinhua) -- Microsoft on Tuesday posted its revenue of 56.5 billion U.S. dollars in the first quarter of the fiscal year 2024 ending Sept. 30, 2023, which went up 13 percent from the same period of the previous year.

Shares of Google-parent Alphabet are slumping after the company reported disappointing cloud revenue, while competitor Microsoft's stock popped as it beat expectations.