(Reuters) -Microsoft on Wednesday posted disappointing Azure cloud business growth and large artificial intelligence expenses, hitting its shares as a...
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Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down more than 5 per cent as investors worry about big spending, elusive artificial intelligence revenue and growing competition from cheaper AI models from China.
(Reuters) -Microsoft on Wednesday posted disappointing Azure cloud business growth and large artificial intelligence expenses, hitting its shares as a...
(Reuters) - Microsoft has spent months touting a rebound in its Azure cloud business and its quarterly revenue forecast on Wednesday will show...
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media...
Investors punished Microsoft with a 6 per cent share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta...
(Reuters) -Investors punished Microsoft with a 6% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while...
Another entity has entered the race to take over TikTok US from Bytedance. Recently, Perplexity AI, which develops chatbots and an artificial...
Chinese startup DeepSeek has rolled out a free assistant it says uses cheaper chips and less data, raising questions about investor expectations that...
Days after Chinese upstart DeepSeek reveals a breakthrough in cheap artificial intelligence (AI) computing that shook the US technology industry, the...
Investors hammered technology stocks on Monday, sending the likes of Nvidia (NVDA.O) and Oracle (ORCL.N) plummeting, as the emergence of a low-cost...
US stocks ended higher on Thursday as investors digested a stack of key earnings reports, with upbeat comments from Tesla helping to offset a...