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Microsoft stock pops 9% on earnings beat as Azure annual revenue tops $75 billion
Microsoft's finance chief, Amy Hood, called for $74.7 billion to $75.8 billion in fiscal first-quarter revenue. The middle of the range, at $75.25 billion, surpassed LSEG's $74.09 billion consensus. The company sees 37% Azure growth at constant currency. StreetAccount's consensus was 33.7%.
Microsoft's Azure cloud-computing business delivered another quarter of blockbuster growth on Wednesday, powering revenue ...
Microsoft just became the second company in the world to amass $4 trillion in market capitalization, thanks to its AI businesses.
Microsoft has become the utility company of AI, with $30 billion+ quarterly capex and AI-integrated cloud services. Holding ...
Microsoft surpassed Wall Street estimates for quarterly revenue on Wednesday as strong demand from businesses for artificial ...
Azure's performance places Microsoft firmly behind Amazon Web Services, which remains the global leader in cloud ...
Microsoft's Azure platform outperformed expectations with $75 billion in annual sales, thanks to strategic AI investments.
Big Tech is spending more than ever on artificial intelligence - but the returns are rising too, and investors are buying in.
Live Updates Live Coverage Has Ended More Azure Numbers 4:40 pm by Eric Bleeker Microsoft finally gave Azure numbers today, ...
Microsoft has been developing a set of tools to help manage Azure-hosted VMs for some time now under its Project Flash banner. These are designed to help bring the data you need into a central ...
Microsoft finally reveals a pure revenue number for its Azure cloud computing business. Here's how that compares with AWS.
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