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Microsoft Plunges After Reporting Slowed Cloud Growth
Revenue from the company’s cloud computing unit failed to meet analysts’ expectations.
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cnbc.com
Microsoft earnings: Cloud growth and capex numbers in focus for Q2
Analysts expect Microsoft's Azure cloud growth to slow slightly, even as it takes on a $250 billion commitment from OpenAI.
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fortune.com
Microsoft demand backlog doubles to $625 billion thanks to OpenAI, but hefty spending and slower revenue growth spook investors | Fortune
Some worry that the tech giant is struggling to keep up with AI demand.
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forbes.com
Microsoft Plunges After Reporting Slowed Cloud Growth
Revenue from the company’s cloud computing unit failed to meet analysts’ expectations.
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Steve Ballmer Drops From No. 9 To No. 14 Richest As Microsoft Stock Tanks
Revenue from the company’s cloud computing unit failed to meet analysts’ expectations.
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huffpost.com
Microsoft Stock Tumbles 12.1% In Worst Day For Company In Years
The software company was alone responsible for more than two-thirds of the S&P 500's drop.
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aljazeera.com
Microsoft stock plunges as Wall Street questions AI investments
The drop comes amid stalling growth for its cloud computing software as OpenAI investments are questioned.
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Microsoft lost $357 billion in market cap as stock plunged most since 2020
As investors sold shares of Microsoft on Thursday, the $3.22 trillion company dragged down the software complex and the S&P 500 index.
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Microsoft Plunges, Meta Rallies As Investors Demand AI Payoffs
Microsoft dropped 10%, shedding more than $350 billion in market value after its cloud business failed to impress, while Meta gained 10%.
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Microsoft tumbled 10% in a day and isn't recovering premarket. Here's why
Microsoft's stock saw its biggest daily decline since 2020 on Thursday after investors were dismayed by its cloud computing business not growing enough.