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Microsoft Cloud Services Surpass $100B
MediaPost17d agoneutral
Microsoft Cloud Services Surpass $100B

Copilot, which includes AI features supported by cloud services in its Office suite, grew 20 million paid users last quarter, showing the time spent convincing users to give it a try has paid off.

Microsoft Q4 Earnings Call Highlights
MarketBeat17d agoneutral
Microsoft Q4 Earnings Call Highlights

Microsoft (NASDAQ:MSFT) closed fiscal 2026 with record revenue and continued growth in cloud and artificial intelligence services, while outlining plans for further infrastructure investment and forecasting double-digit revenue and operating-income growth in fiscal 2027. For the fiscal fourth quart

ARM Q1 Earnings Call Highlights
MarketBeat17d agoneutral
ARM Q1 Earnings Call Highlights

ARM (NASDAQ:ARM) reported record first-quarter fiscal 2027 results, with revenue rising 22% year over year to $1.29 billion as demand for its computing platform expanded across cloud AI infrastructure, edge devices and physical AI applications. Chief Executive Officer Rene Haas said the company del

Microsoft’s Azure Cloud Revenue Surpassed $100 Billion in Fiscal 2026
The Wall Street Journal17d agoneutral
Microsoft’s Azure Cloud Revenue Surpassed $100 Billion in Fiscal 2026

Microsoft reported that revenue from its Azure cloud business surpassed $100 billion for the first time in fiscal year 2026, which ended in June. The disclosure was notable because Microsoft historically doesn’t break out revenue for that business, making it difficult to compare it with rivals Amazon Web Services and Google Cloud.

Meta misses profit expectations, sticks to massive AI spending
AFP17d agobearish
Meta misses profit expectations, sticks to massive AI spending

Facebook-parent Meta reported profits on Wednesday that fell short of Wall Street expectations, as the cost of staying in the race to deploy artificial intelligence -- along with hefty legal and severance charges -- hurt its bottom line.At Meta, the profit decline was driven largely by one-time items, including $2.4 billion in charges tied to legal proceedings and $1.2 billion in severance from a round of layoffs in May.

Microsoft's Cloud Accelerates to Fastest Growth Since 2022
Bloomberg17d agoneutralVIDEO
Microsoft's Cloud Accelerates to Fastest Growth Since 2022

Microsoft cloud unit grew at the fastest pace in four years, suggesting that the company's computing infrastructure and artificial intelligence services continue to make inroads with businesses. Azure cloud-computing revenue increased 43% during the fiscal fourth quarter, the company said Wednesday in a statement. That was the fastest quarterly growth since early 2022, and topped analysts' average growth estimate of about 40%. Azure sales topped $100 billion for the first time during the fiscal year ended in June.  Bloomberg Tech Host Ed Ludlow reacts to earnings

Microsoft beats Wall Street expectations with $90B in revenue
Associated Press17d agobullish
Microsoft beats Wall Street expectations with $90B in revenue

Microsoft posted strong results for its quarterly earnings on Wednesday, beating expectations and showing strong growth in its cloud computing platform and a boost in paid AI users. Analysts surveyed by FactSet Research had expected the company to earn $4.24 per share on revenue of $87.62 billion this quarter. Microsoft Cloud revenue was $59.3 billion this quarter, up 27% year-over-year.

Microsoft shares rise after Q4 beat
Yahoo Finance Video17d agobullishVIDEO
Microsoft shares rise after Q4 beat

Microsoft (MSFT) rise after reporting Q4 results. Market Domination Host Josh Lipton delivers the latest earnings details as the numbers cross the wire.