Microsoft Shares Slip as Forecast Sparks Concern About AI and Cloud Revenue

The company’s projection points to less growth than anticipated, causing concern about the payoff for its massive AI investment.

Business - The Wall Street Journal - 7 hours ago

Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares

Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earnings

Business - Financial Times - 3 hours ago

Alphabet shares rise on earnings beats boosted by cloud revenue

Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.

Business - CNBC - Yesterday

What to know about the new way Microsoft will report cloud numbers Wednesday

Some on Wall Street are upbeat about the move. Others are not.

Business - CNBC - 2 days ago

Microsoft dips on weak guidance after beating on earnings

Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.

Business - CNBC - 18 hours ago

AMD shares fall as forecast fails to impress despite strong AI growth

AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.

Business - CNBC - Yesterday

Microsoft’s new AI agents set to shake up enterprise software, sparking new battle with Salesforce

Microsoft launches autonomous AI agents for Dynamics 365, challenging Salesforce's Agentforce in the race to dominate enterprise AI and reshape the future of work.

Tech - VentureBeat - October 21

IBM stock slips on disappointing consulting and infrastructure revenue

IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.

Business - CNBC - October 24

Airbus Revenue, Earnings Beat Forecasts

Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.

Business - The Wall Street Journal - 23 hours ago

Google's Cloud Business Powers Accelerating Revenue Growth

Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.

Business - The Wall Street Journal - Yesterday

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.

Tech - The New York Times - 18 hours ago

AMD reports record revenue but Q4 forecast disappoints

Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.

Tech - VentureBeat - Yesterday

PayPal shares fall on revenue miss, soft guidance

PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.

Business - CNBC - Yesterday

Patagonian tourism numbers sparks concerns over sustainability

A clutch of luxury operators are trying to demonstrate that visiting the region can be managed responsibly

World - Financial Times - October 23

Trump sparks concern with claims of fraud in Pennsylvania

Former President Trump is sowing doubt about the election results in Pennsylvania less than one week before Election Day, making explosive and misleading claims about fraud in the commonwealth. The ...

Politics - The Hill - 19 hours ago

Dexcom shares fall on slow revenue growth

Dexcom shares fell Thursday after the company released third-quarter results that showed slow revenue growth.

Business - CNBC - 6 days ago

Tariff surge would damage global growth, IMF warns

In a forecast two weeks before US election the fund says greater protectionism would drag down world economy

Business - Financial Times - October 22

UPS beat on revenue for the first time in 2 years, even as online sales slowed

UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.

Business - MarketWatch - October 24

Microsoft Will Let Clients Build Their Own AI Agents

In November, customers can start using Copilot Studio to make their own AI apps to perform many routine tasks.

Business - Inc. - October 21

Investors Want to See a Payout on Microsoft’s AI Efforts

As the tech giant readies a report of what’s forecast as its slowest quarterly growth in a year, shareholders want to see genuine demand for the AI applications it’s spent billions to develop.

Business - Inc. - 2 days ago

Meta and Microsoft Won’t Stop Spending on AI

Both tech giants reported strong third quarters but their stocks fell anyway.

Business - Inc. - 3 hours ago

Microsoft CEO Nadella asked for pay reduction after security slip, but total comp still rose 63%

Following cyberattacks from China and Russia, Microsoft CEO Satya Nadella asked for his pay to be reduced.

Business - CNBC - 6 days ago

Israel bill to restrict UN relief for Palestinians sparks ‘grave concern’

Foreign ministers of seven major nations oppose draft legislation that could hobble UN aid agency UNRWA

Business - Financial Times - 4 days ago

Tesla shares jump in third-quarter earnings even as expected revenue is lower

After two slow quarters, Elon Musk’s electric-vehicle maker reports higher-than-expected earnings per share. Tesla shares saw a 12% jump after the company reported its third-quarter earnings on ...

World - The Guardian - October 23

Tesla shares leap 22% after Musk predicts sales rebound

EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next year

Business - Financial Times - 6 days ago

Reddit shares soar 22% on earnings beat and better-than-expected forecast

Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.

Business - CNBC - Yesterday

Alpine neighbor concerned about safety at busy road

Willows Road in Alpine is a popular way to get to Viejas Casino or the outlets. ABC 10News Reporter Tali Letoi speaks with a neighbor who says the busy road is becoming a problem.

Sports - Yahoo Sports - October 18

Dodgers 'concerned' about Flaherty's velocity dip

Dodgers pitching coach Mark Prior said he is "moderately concerned" about Jack Flaherty's recent dip in velocity.

Sports - ESPN - 6 days ago

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