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Microsoft’s AI revenue run rate reaches $13B annually
Microsoft’s AI revenue run rate reaches $13B annually as tech giant tops earnings expectations
AI revenue run rate reached $13 billion, as the company reported $69.6 billion in revenue for the December quarter, up 12%, with earnings of $3.23/share, topping Wall Street's expectations by both measures.
Microsoft AI revenue hits $13B annually, but cloud growth disappoints investors
Microsoft's AI business now generates $13B annually in revenue, up 175% YoY. Despite strong earnings, weak cloud forecasts sent shares down.
Microsoft shares slide as cloud forecast, AI spending disappoint
Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in after-hours trading as investors worry about big spending, elusive artificial intelligence revenue and competition from cheaper AI models from China.
Apple quarterly revenue increases, even
Apple quarterly revenue increases, even as China sales decline 11%
Apple's latest earnings were a mixed bag, with slipping iPhone sales countered by rising revenue. Reporting after the bell Thursday, the iPhone maker’s
Apple Earnings: Record Results Even As iPhone, China Sales Fall Short Of Forecasts
Apple reported $18.5 billion in sales in greater China last quarter, comfortably below consensus estimates of $20.9 billion.
Apple Sales Fall in China
Apple said that sales in China dropped in its latest quarter versus the prior year. Revenue in the Greater China segment fell to $18.5 billion in the first quarter, when analysts were expecting sales of $20.
40m
2 No-Brainer Artificial Intelligence (AI) Stocks to Buy With $260 in February
Artificial intelligence (AI) has been one of the hottest segments of the stock market for the last two years. Many investors ...
2d
AI data startup Turing triples revenue to $300 million
Artificial intelligence data startup Turing, one of a growing number of companies that provide human trainers to AI labs, ...
Money Morning
18h
Microsoft's Q2 Surprise: AI Revenue Soars 175%
It recently reported its fiscal Q2 2025 earnings. The stock tanked by 4% but started recovering immediately and is now down ...
1d
on MSN
Continued AI Demand Drives IBM’s Revenue Higher
IBM logged higher revenue in the fourth quarter, driven by its artificial-intelligence strategy. Adjusted per-share earnings ...
9h
on MSN
Intel won’t bring its Falcon Shores AI chip to market
Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads.
27m
on MSN
Atlassian Surpasses Q2 Revenue, EPS Forecasts
Atlassian surpassed expectations in its most recent earnings report, fueled by strong cloud revenue growth.
1d
on MSN
Meta Blows Past Q4 Expectations With Record Revenue and Profit as Zuckerberg Touts Massive AI Investment
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
8h
on MSN
New AI features didn’t sell more iPhones, Apple reports
Sales dipped during the holidays, signaling a sluggish start to the trendsetting company push to catch up on artificial ...
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