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.
Read more at The New York Times
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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 -
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 - 1d -
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 -
Microsoft's underperformance has investors looking to cloud for growth
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Nvidia, Microsoft shares tumble amid rise of China-based AI DeepSeek
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Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest ...The Hill - 6d -
OpenAI struggles to price Microsoft stake in deal to become for-profit company
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SK Hynix profits beat Samsung’s for first time on AI boom
South Korean chipmaker expects sales of high-bandwidth memory products to more than double this yearFinancial Times - Jan. 23 -
Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.The Wall Street Journal - Jan. 22 -
Microsoft’s LinkedIn Sued for Training AI Models With User Data
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TikTok-owner ByteDance plans to spend $12bn on AI chips in 2025
Chinese owner of video app seeks growth from AI as its social media business comes under pressure in USFinancial Times - Jan. 22 -
Microsoft just built an AI that designs materials for the future: Here’s how it works
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Increased December Consumer Spending Bodes Well for 2025 Growth
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Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banksFinancial Times - Jan. 16 -
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boomABC News - Jan. 16 -
Chinese citizens’ doubts grow over official economic growth claims
Government expected to announce GDP expanded about 5% in 2024 but many feel economy is in recessionFinancial Times - Jan. 16 -
The crazy ride in quantum computing stocks continues as shares rip higher on Microsoft's 'quantum-ready' directive
Quantum computing stocks rallied Wednesday after Microsoft urged businesses to get "quantum-ready" in 2025.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 -
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 -
Death toll grows in Southern California as fires continue to rage
At least 10 fatalities have been confirmed as several fires continue to rage in the Los Angeles area. Winds appear to be slowing down, but the weather forecast may change in the following days. CBS ...CBS News - Jan. 10 -
At least 10 killed in Los Angeles wildfires as crews continue to battle blazes
Officials now say at least ten people have been killed and thousands of homes, businesses, and other structures have been destroyed in the Los Angeles wildfires that continue to ravage the area. ...CBS News - Jan. 10 -
California wildfires: deadly blazes continue to grow as officials warn of shortage of firefighters – latest updates
Tens of thousands of homes affected by ‘unprecedented’ fires in Los Angeles area; aircraft return to dropping water after winds grounded them. Visual explainer: why are the LA wildfires so ...The Guardian - Jan. 8 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
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 -
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 -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - Jan. 4 -
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months
Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.NBC News - Jan. 3
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