Latest in Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it
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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 earningsBusiness - Financial Times - October 31 -
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 - October 31 -
Analysts tout an 'underappreciated growth driver' at Microsoft that can benefit from AI
RBC analysts cheered Microsoft stock on Tuesday. But, this time it's for more than just the company's cloud computing business and AI ambitions.Business - CNBC - November 5 -
Microsoft brings AI to the farm and factory floor, partnering with industry giants
Microsoft collaborates with Siemens, Bayer, and Rockwell Automation to launch industry-specific AI models designed to boost efficiency in manufacturing, agriculture, and finance through tailored AI ...Tech - VentureBeat - November 13 -
Microsoft pitches AI 'agents' that can perform tasks on their own at Ignite 2024
Microsoft CEO Satya Nadella told customers at a conference in Chicago on Tuesday that the company is teaching a new set of artificial intelligence tools how to “act on our behalf across our work ...Tech - ABC News - 4 days ago -
Microsoft’s new AI agents support 1,800 models (and counting)
New Copilot capabilities allow users to build customized autonomous AI agents, pull from out-of-the-box options and deploy without coding.Tech - VentureBeat - 4 days ago -
Microsoft brings transactional databases to Fabric to boost AI agents
At its Ignite 2024 conference today, Microsoft announced a major step toward breaking down data silos separating transactional databases and analytical tools. The tech giant revealed that Azure ...Tech - VentureBeat - 4 days ago -
Microsoft quietly assembles the largest AI agent ecosystem—and no one else is close
ANALYSIS: Microsoft has quietly built the largest enterprise AI agent ecosystem, with over 100,000 organizations creating or editing AI agents through its Copilot Studio since launch – a ...Tech - VentureBeat - 4 days ago -
Microsoft supercharges Fabric with new data tools to accelerate enterprise AI workflows
At Ignite, Microsoft shared several new enhancements for Fabric, setting up the platform as the unified data layer for next-gen AI apps.Tech - VentureBeat - 4 days ago -
Microsoft launches Azure AI Foundry with agent orchestration, management tools
Microsoft's new developer tools lets users build orchestration frameworks and evaluate AI models and agents.Tech - VentureBeat - 4 days ago -
Microsoft at 50: An AI Giant. A Kinder Culture. And Still Hellbent on Domination
When Satya Nadella took over as CEO, the company was lumbering and uncool. He cleaned up a toxic culture, crafted the deal of the decade, and put Microsoft back on top.Tech - Wired - 2 days ago -
Microsoft’s AI agents: 4 insights that could reshape the enterprise landscape
We dive into the most significant takeaways from Microsoft Ignite, and Microsoft's emerging leadership in the area of AI agents.Tech - VentureBeat - 2 days ago -
UK borrowing costs rise as Reeves’ spending plans unnerve investors
Ten-year gilt yield hits five-month high after chancellor’s first BudgetBusiness - Financial Times - October 30 -
Palantir becomes a ‘Trump trade’ as investors bet on higher defence spending
Peter Thiel-founded data company, whose biggest client is the US government, rises $23bn in value since electionWorld - Financial Times - 4 days ago -
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Biden Asks Congress for Nearly $100 Billion in Disaster Aid
The president said the aid was “urgently needed” as emergency programs face funding shortfalls amid the devastation after Hurricanes Helene and Milton and a string of other natural disasters.Top stories - The New York Times - 5 days ago -
The Budget Hawk Atop a Tech Giant's $64 Billion Spending Spree
Amy Hood is at the center of Microsoft’s bet-the-company dive into AI.Tech - The Wall Street Journal - November 1 -
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Home Depot’s sales are improving, but it says consumers are still cautious about spending
Home Depot is mired in a sales slump as homeowners put off major projects.Business - CNBC - November 12 -
Retail Sales Rise in October as Americans Remain Willing to Spend
A mix of factors contributed to the uptick, as people bought more cars and home store sales went up as storm damage in the Southeast got fixed. It’s a good sign for the holiday shopping season.Business - Inc. - November 15 -
Shop sales in surprise fall as Budget fears hit spending
Sales volumes fell by more than expected in October with clothing stores having a "notably poor" month.Top stories - BBC News - Yesterday -
Activist investor ValueAct has $1 billion stake in Meta, sources say
Activist investor ValueAct has a $1 billion stake in Facebook parent Meta, according to people familiar with the matter.Business - CNBC - November 12 -
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 - October 29 -
How are investors preparing for the Budget?
Executives are seeking to minimise their exposure ahead of what could be the biggest tax-raising statement for a generationBusiness - Financial Times - October 29 -
Rivian Reassures Investors With Cost Cuts, Green Credit Sales
Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.Business - Inc. - November 8 -
Early Revolut investors cash out at least $300mn in share sale
Buyers of UK fintech’s stock include wealthy Goldman Sachs clientsWorld - Financial Times - Yesterday -
Microsoft bets on latest ‘Call of Duty’ to power up video games strategy
Tech giant hopes ‘Black Ops 6’ will boost Game Pass subscription service as Xbox sales declineBusiness - Financial Times - October 25 -
‘I grew up with it’: readers on the enduring appeal of Microsoft Excel
From baby names to wedding planning, fans of the 40-year-old spreadsheet program reveal how it has transformed their lives. “I’m a boring man,” says Mike Elwin, an energy management consultant from ...World - The Guardian - October 28 -
China is catching up with the West on tech, Microsoft president says
According to Microsoft's web page about its presence in China, the company has operated there since 1992.Business - CNBC - November 13 -
Indonesia blocks Apple iPhone 16 sales over lack of investment
Marketing and sale of model prohibited after tech giant fails to meet rule 40% of phones be made from local parts. Indonesia has prohibited the marketing and sale of the iPhone 16 model over ...World - The Guardian - October 28 -
Apple sales rise 6%, company seeing early iPhone 16 demand
Apple reported earnings after the bell. Here are the results.Business - CNBC - November 1 -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop
OpenAI CEO Sam Altman's stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.Business - CNBC - October 29
