Page 14 - Mark Moerdler News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- Microsoft Corp. reported tepid fourth-quarter sales growth, held back by decelerating demand for cloud-computing services while the software maker waits for a revenue boost from new artificial intelligence-powered products.Most Read from BloombergChina Replaces Foreign Minister After Mysterious Absence‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaTwitter Turning Into X Set to Kill Billions in Brand ValueMusk Explains Why He’s Axing Twitter Name, Iconic Bird LogoW

The MSCI Japan IT index has surged 36% so far this year, while the MSCI Taiwan and Europe IT indices have rallied 30% and 25%, respectively. The MSCI Korea IT index has risen 31% since January 1. China remains an outlier, weighed down by economic troubles in the world's second-largest economy.

Why the U.K.’s falling inflation is good news for the Fed, the ‘Taco Tuesday’ trademark fight, and other news to start your day.

The company plans to charge $30 a month per user for the new artificial-intelligence software, a potentially huge price hike for customers who adopt it.

President Joe Biden wants to block the cloud computing loophole that lets China get access to restricted AI technology. Oracle has the most to lose.