Latest in Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off
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Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance ...ABC News - 1d -
Deutsche Bank shares drop after quarterly profit falls, cost target scrapped
Legal provisions weighed on the bottom line at Germany's largest lender Deutsche Bank, with net profit falling in the fourth quarter.CNBC - 6h -
Deutsche Bank chief says ‘nothing is off limits’ as profits plunge
Christian Sewing has ‘firm confidence’ lender will hit returns target this year as it reviews weaker unitsFinancial Times - 12h -
Scotland bets on supply chain growth with subsea cable investment
Port project promises to deliver jobs and green investment but developers raise concerns over nascent technologyFinancial Times - 18h -
Microsoft investors are ignoring this number that suggests better growth ahead
Microsoft Corp. investors focused on the company’s disappointing revenue of its Azure cloud business on Wednesday, but they should also be looking at another number indicative of future growth: ...MarketWatch - 20h -
Microsoft shares slip on weak quarterly revenue guidance
Microsoft intends to address execution challenges in its key cloud unit, while continuing to endure supply constraints.CNBC - 21h -
Microsoft Continues A.I. Spending Growth as Profit Grows 10%
The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for tech stocks.The New York Times - 23h -
Microsoft Continues A.I. Spending Growth as Profit Grows 10%
The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for tech stocks.The New York Times - 1d -
Microsoft to report fourth-quarter earnings amid uproar over DeepSeek’s AI
Questions over multibillion-dollar spending on AI are mounting, spurred by DeepSeek’s shock to US stock market. Microsoft will report its second-quarter earnings for fiscal year 2025 Wednesday as ...The Guardian - 1d -
Microsoft shares slide after cloud growth disappoints
Tesla expects vehicle business to return to growth in 2025Financial Times - 1d -
Meta to report fourth-quarter earnings amid DeepSeek mania and ballooning AI investments
Zuckerberg likely to be asked about plans to spend $60-65bn on AI in 2025 as tech giant faces increased competition. Meta will report earnings for the fourth quarter of 2024 after US stock ...The Guardian - 1d -
Microsoft's underperformance has investors looking to cloud for growth
Microsoft's stock has badly lagged its tech peers in the past year as cloud growth has been basically stagnant in recent quarters.CNBC - 2d -
AI Can Work for Us
A.I. can be designed to dramatically enhance individual empowerment.The New York Times - 5d -
How to Invest During a Presidency With a Deep Devotion to Profits
Big business has an inside track in the second Trump presidency, and people with a stake in those businesses have reason to rejoice, our columnist writes.The New York Times - 6d -
OpenAI struggles to price Microsoft stake in deal to become for-profit company
ChatGPT maker in complex talks over splitting from its non-profit arm in move opposed by Elon MuskFinancial Times - 6d -
Musk undercuts Trump on Stargate AI investment announcement
Open AI CEO Sam Altman, Oracle co-founder Larry Ellison and Softbank CEO Masayoshi Son appeared alongside President Donald Trump to announce the Stargate plan.CNBC - Jan. 23 -
Trump highlights partnership investing $500 billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBankABC News - Jan. 22 -
Draper delighted hard work paying off after hat-trick of Melbourne marathons
British No 1 faces Carlos Alcaraz after latest five-set match ‘I still have a long way to go, this is a huge drive forward’ Jack Draper says his trio of five-set victories at the Australian Open ...The Guardian - Jan. 17 -
Microsoft just built an AI that designs materials for the future: Here’s how it works
Microsoft researchers unveil MatterGen, which accelerates scientific discovery 15X and doubles success rates for stable compounds.VentureBeat - Jan. 16 -
Nvidia supplier Taiwan Semi reports profit surge. AI capacity is ‘very tight,’ CEO says.
Taiwan Semiconductor Manufacturing Co. on Thursday reported a stronger-than-expected profit and said artificial intelligence demand will help offset a typically weak period for smartphone sales.MarketWatch - Jan. 16 -
Tips for paying off debt
With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.CBS News - Jan. 16 -
Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banksFinancial Times - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
Microsoft’s AutoGen update boosts AI agents with cross-language interoperability and observability
Microsoft's AutoGen for AI agents is popular among agent developers, and a new update addresses observability and flexibility issues.VentureBeat - Jan. 15 -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - Jan. 15 -
Microsoft launches Copilot Chat with AI agents; take that, Gemini!
Microsoft wants to make using Copilot a daily habit and take on Google's aggressive push of Gemini for Workspace.VentureBeat - Jan. 15 -
Microsoft Is Ending Support for Windows 10 Office Apps in October
As the push toward Windows 11 continues, Microsoft confirms that Windows 10 users will lose support for apps including Word, Excel, and Outlook.Wired - Jan. 15 -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - Jan. 11 -
Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth
Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.MarketWatch - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
Microsoft Says It's Time to Replace Your Old Windows 10 PC
The company is using the carrot of "new features" and the stick of "no more updates for your old PC."Wired - Jan. 7 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7 -
Lucid reports record quarterly vehicle deliveries, meets production target
Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024 — meeting a previously announced target.NBC News - Jan. 6 -
Lucid reports record quarterly vehicle deliveries, meets production target
Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024.CNBC - Jan. 6 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6 -
Red Wings Gamble Finally Paying Off
The Detroit Red Wings made a bet in the summer that is finally paying off.Yahoo Sports - Jan. 3 -
Nvidia invested $1bn in AI deals in 2024
Group emerges as crucial backer of start-ups seeking to gain from the tech revolution its chips are poweringFinancial Times - Jan. 1
