Central to this is massive AI investing, with scrutiny on Alphabet's spending now after reports showing that its rival ...
Shares in Microsoft fell 5% in afterhours trading as the tech giant said its flagship cloud computing business experienced a slowdown in growth last quarter. The takeaways: The company’s overall ...
Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data ...
Alphabet came up short on revenue for its cloud-computing business, a closely watched segment. The FactSet consensus was for $12.19 billion in revenue from the cloud. Alphabet turned in $11.96 billion ...
Beyond the headline numbers, investors focus heavily on growth for Microsoft's Azure cloud-computing business ... Analysts tracked by FactSet had been looking for 32% growth.
Amazon reports earnings after Thursday’s closing bell. AWS will be a focal point after rivals came up shy in their own cloud businesses.
Analysts polled by FactSet Research expected ... Sales from Microsoft’s cloud-focused business segment that includes its flagship Azure computing platform grew 19% from the same time last ...
Amazon beat Wall Street’s expectations for the fourth quarter, driven by strong cloud growth, AI investments, and a robust holiday shopping season. However, the company issued a gloomy outlook for the ...