Apple CEO Declares New Chapter in AI Play, Stock Dips 1.8% - Decrypt
Apple stock fell 1.8% by the closing bell after financial results showed modest increases in company sales for the year.
Why Paycom Stock Jumped 21% on Thursday to Lead S&P 500 Gainers
Paycom Software shares surged 21% Thursday as the payroll and HR services provider's quarterly results topped expectations.
Cloud, business software and AI push sees Microsoft results hit new high
Microsoft revenue is up, shareholder confidence down
Microsoft Forecasts Slower Cloud Business Growth in Second Quarter
Microsoft VP Brett Iversen reiterated that the firm will not be able to address AI capacity constraints until the second half of its fiscal year.
Microsoft Says It’s Seeing More Demand for AI Than It Can Keep Up With
Microsoft CFO Amy Hood told investors on the company’s earnings call that demand for artificial intelligence “continues to be higher than our available capacity.”
Microsoft beats expectations, but AI concerns force shares down
Microsoft delivered solid quarterly results on Wednesday, beating analyst expectations with revenue jumping 16 percent to $65.6 billion, but questions were raised about the company's big spending on the AI boom. During the quarter, Microsoft also returned $9.0 billion to shareholders through dividends and share repurchases, helping pump up share value.
Microsoft beats expectations, but AI concerns force shares down
Microsoft delivered solid quarterly results on Wednesday, beating analyst expectations with revenue jumping 16 percent to $65.6 billion, but questions were raised about the company's big spending on the AI boom. During the quarter, Microsoft also returned $9.0 billion to shareholders through dividends and share repurchases, helping pump up share value.
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.
Microsoft beats expectations, but AI concerns force shares down
Microsoft delivered solid quarterly results on Wednesday, beating analyst expectations with revenue jumping 16 percent to $65.6 billion, but questions were raised about the company's big spending on the AI boom. The tech giant reported net income of $24.7 billion for the quarter ending September 30, marking an 11-percent increase…
Today’s top tech news: Google pumping out massive profits; OpenAI builds first chip with Broadcom and TSMC; Apple brings out smaller Mac mini
Google manages its profitability well even as it shifts into the AI business and is under regulatory pressure.
🔒 Alphabet’s Q3 earnings surge on cloud growth and AI success
Alphabet Inc. reported strong Q3 results, driven by gains in cloud computing and increased AI traction, pushing Google’s revenue to $74.6 billion
last updated on 1 Nov 01:27