Microsoft earnings send stock lower
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Revenue is projected to be between $80.65-$81.75 billion, with a midpoint of $81.2 billion, which aligns precisely with consensus expectations. There is no positive surprise. For a company that is supposedly at the forefront of the AI revolution, “in line” performance is not satisfactory.
The worst day for Microsoft in nearly five years is pulling the U.S. stock market away from its record heights The S&P 500 fell 1% Thursday after flirting earlier in the morning with its all-time high.
OpenAI and Microsoft have a reconfigured relationship. The software giant revealed just how much OpenAI is driving its RPO.
Revenue from the company’s cloud computing unit failed to meet analysts’ expectations.
16hon MSN
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The Big Tech rivals are spending more than ever, but analysts are more concerned about Microsoft at the moment.
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Wall Street analysts remained overwhelmingly bullish on Microsoft, even as the stock dipped 12% post-earnings.