The social media leader posted a big beat on earnings -- $4.39 per share versus expectations of $3.62 and the year-ago number of $1.64 per share.
Microsoft (MSFT) pleased investors with its AI-driven boost in cloud revenue, while Alphabet (GOOG, GOOGL) disappointed and reported a miss on cloud revenue estimates. Yahoo Finance's Josh Schafer rep

3 Fabulous AI Stocks to Triple Your Returns

04:52pm, Wednesday, 25'th Oct 2023
Artificial intelligence ( AI ) is changing everything. The debut of the generative AI chatbot ChatGPT last November set in motion a dramatic realignment in what was achievable.
Microsoft (MSFT) shares were nearly 3% higher in mid-afternoon trading Wednesday, bucking a broader market downturn, after the company late Tuesday reported better-than-expected fiscal first-quarter e

Breaking News: Microsoft shares rise on earnings

01:50pm, Wednesday, 25'th Oct 2023
Microsoft Corp. share were on track for their biggest gain in three months after it reported strong sales, bolstered by recovering cloud-computing growth amid demand for new artificial intelligence p
Earlier this month, Microsoft (MSFT) completed its $69 billion acquisition of video game company Activision Blizzard (ATVI). The tech giant reported mixed results for its gaming segments in its fiscal
Microsoft's (MSFT) first-quarter fiscal 2024 results reflect strength in the Azure business and Office 365, powered by the growing AI business.
Microsoft Corporation (NASDAQ:MSFT) shares rose Wednesday on strong third-quarter results driven by its cloud division and AI services, and analysts largely liked what they say.  Bank of America rai
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Microsoft posts strongest sales growth in six quarters, driven by higher demand for its cloud computing services.
Microsoft Corporation (NASDAQ:MSFT)'s leading position in the artificial intelligence arms race and Google parent Alphabet Inc (NASDAQ:GOOG)'s flailing position in the cloud computer space were centra
Brent Thill, Jefferies analyst, joins 'Squawk on the Street' to discuss Alphabet's quarterly earnings call, the read-through from Microsoft's cloud business to AWS, and concerns around Google's spendi

Is Google losing the AI-cloud battle to Microsoft?

10:40am, Wednesday, 25'th Oct 2023
Major tech companies Microsoft (MSFT) and Alphabet (GOOG, GOOGL) have invested heavily in artificial intelligence, which is having different impacts on their cloud businesses. Microsoft — owning a 4
Google's Cloud revenue miss came in stark contrast to Microsoft's earnings, which showed accelerated growth in its Intelligent Cloud business
Analysts polled by Refinitiv had expected $60.9 billion in revenue.
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