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If you read the typical 2025 mass layoff notice from a tech industry CEO, you might think that artificial intelligence cost ...
Microsoft plans to invest more than $30 billion in capital spending next quarter —a new high — to meet surging AI and cloud demand.
After recently laying off around 9,000 workers, Microsoft spent $9.4 billion on a new round of stock buybacks.
Microsoft reveals that its Azure cloud computing platform has generated over $75 billion in annual revenue, marking a 34% ...
A hot topic on Wall Street these days is how software-as-a-service companies will be able to make money off their offerings. Microsoft CEO Satya Nadella shared some thoughts in response to an analyst ...
Shares in the software giant rose 7.3 percent to $551 in after-hours trading as investors anticipate greater artificial ...
Shares were up over 7% after hours following Microsoft's reported fourth-quarter revenue of $76.4 billion and earnings of ...
Microsoft reported that it earned a net income of $27.2 billion on revenues of $76.4 billion in the quarter ending June 30, ...
Microsoft reported a $27 billion quarterly profit, after cutting thousands of jobs. The CFO is keeping up the pressure.
Microsoft turned in more than $75 billion in cloud revenue during the fiscal year that just finished, and the company says it's on the offensive. "We continue to lead the AI infrastructure wave and ...
Microsoft has announced another round of layoffs, impacting 9,000 employees, bringing the total to over 15,000 this year. CEO Satya Nadella cited the company's shift towards AI as a driving force, ...