Days after Chinese startup DeepSeek's breakthrough lowcost AI computing shook the U.S. technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying ...
Microsoft Corporation (NASDAQ:MSFT), a titan in the technology industry with a market capitalization of $3.09 trillion, ...
Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.
Microsoft shares tumbled Thursday after the company’s weaker-than-expected fiscal second-quarter cloud growth prompted some analysts to be more cautious about the stock.
Microsoft confirmed it will bring the DeepSeek R1 model to Azure cloud and GitHub in a move that it hopes will lessen its ...
The cause of investors’ panic was DeepSeek, an obscure Chinese hedge fund turned AI startup that has blown analysts away with ...
Microsoft anticipates revenue growth in Intelligent Cloud and Productivity, leading to overall organic revenue growth. Click ...
The S&P 500 saw mixed actions as Microsoft and Nvidia faced declines, while Meta and Tesla enjoyed gains. Microsoft's cloud forecast disappointed investors, contrasting with Tesla's positive future ...
The president joined leaders from OpenAI, Oracle and SoftBank to launch the ambitious project, but questions remain about its ...
Microsoft said its cloud-computing business will continue to grow slowly in the current quarter as the company struggles to ...
Stocks are ticking higher on Wall Street following a rush of profit reports from some of the country’s most influential ...
The company reported revenue of $69.6 billion and earnings of $3.23 per share, compared to the consensus estimates of $68.8 ...