Microsoft Profits Jump 31% as Azure Cloud Sales Surpass $100 Billion
Microsoft profits surge 31% as Azure passes $100B revenue on AI demand; Meta shares dive 10% as AI capex burns free cash flow below $1B. The earnings divergence signals competing AI ROI models reshaping tech capex strategies.
Microsoft Profits Jump 31% as Azure Cloud Sales Surpass $100 Billion
Microsoft's earnings report includes signs that AI-revenue growth is accelerating and that spending on data centers will continue.
Meta Stock Drops 10% on Steeper AI Costs, Missed Forecast
An update on the company's AI spending plans and the shrinking of free cash flow to less than $1 billion heightened scrutiny on the cost of its infrastructure build-out.
Qualcomm Profit Declines, Dented by Higher Costs
Microsoft Profits Jump 31% as Azure Cloud Sales Surpass $100 Billion
Microsoft reported record quarterly profit and forecast accelerating Azure growth, while Meta’s profit and margins were hit by…
Microsoft dropped 10%, shedding more than $350 billion in market value after its cloud business failed to impress, while Meta…
Tech giant reports earnings of $3.72 per share day after deal with OpenAI pushed value of company to more than $4tn
Microsoft’s earnings jumped on strong Azure and AI demand while Meta’s stock fell as rising costs, weaker margins and unclear AI…
Microsoft delivered a quarter of strong growth as demand for its AI products soared, while Meta’s rising spending overshadowed…
Microsoft 'back on track', whilst Meta spending leaves investors 'nervous'
