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Microsoft Azure Miss To Lead To Dip In AI Stocks, But The Trade Remains Strong, Predicts Gene Munster — Increased Redmond Capex 'Good News' For Nvidia, TSMC
Tuesday, July 30, 2024 - 9:56pm | 972Read More...Deepwater Asset Management‘s Managing Partner Gene Munster has forecasted a potential downturn in AI stocks due to Microsoft Corp‘s (NASDAQ:MSFT) Azure underperformance. Despite this, Munster remains optimistic about the AI sector’s future. What Happened: Munster took X to share...
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Microsoft Q4 Earnings Highlights: Revenue Beat, EPS Beat, Cloud Revenue Up 21% YoY, 'Ensuring We Lead The AI Era'
Tuesday, July 30, 2024 - 4:24pm | 607Read More...Technology giant Microsoft Corporation (NASDAQ:MSFT) reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Microsoft reported fourth-quarter revenue of $64.7 billion, up 15% year-over-year. The revenue total beat a Street consensus...
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Microsoft Q4 Earnings Preview: Analyst Says 'Stock Still Has Yet To Fully Price In ... Next Wave Of Cloud And AI Growth'
Monday, July 29, 2024 - 6:04pm | 848Read More...Among the largest companies to report quarterly earnings during the trading week is Microsoft Corp (NASDAQ:MSFT) with investors and analysts eyeing continued growth of Cloud and artificial intelligence efforts. Earnings Estimates: Analysts expect Microsoft to report fourth-quarter revenue of $64.36...
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Microsoft's Generative AI Push 'Significantly Outpacing' Azure Investments: Goldman Sachs
Tuesday, June 25, 2024 - 12:03pm | 377Read More...Amid the technology sector’s pivot to artificial intelligence (AI), Microsoft Corp (NASDAQ:MSFT) investors have benefitted from the company’s push toward AI. A Goldman Sachs analyst noted encouraging signs that Microsoft’s investments in AI will pay off as the technology rolls out...
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Wedbush Analyst Dan Ives Raises Microsoft's Price Target To $550: 'Tidal Wave Of Copilot And Azure Monetization Now On The Doorstep' For Redmond
Sunday, June 16, 2024 - 10:14pm | 671Read More...Wedbush Securities analyst Dan Ives has raised the price target for Microsoft Corp (NASDAQ:MSFT) from $500 to $550, citing positive AI customer feedback and the increasing monetization of Copilot and Azure. What Happened: Ives took to X to announce the price target increase on Sunday. The analyst...
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Microsoft, Google Announce Hundreds Of Job Cuts In Tech Departments Despite Robust Financials
Tuesday, June 4, 2024 - 12:10am | 656Read More...Satya Nadella-led Microsoft Corporation (NASDAQ:MSFT) and Sundar Pichai’s Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) have announced significant layoffs in their respective departments, impacting hundreds of employees. What Happened: On Monday, Microsoft announced layoffs that can reportedly...
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Truecaller Teams Up With Microsoft To Create AI Voice To Answer Calls: 'Transforming The Way We Interact'
Thursday, May 23, 2024 - 12:04am | 631Read More...Truecaller, the popular caller ID app, has announced a new feature that will allow users to create an AI version of their voice to answer incoming calls. This innovation is made possible through a partnership with Microsoft‘s (NASDAQ:MSFT) Azure AI Speech. What Happened: Truecaller, known for...
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Microsoft Build Day 2: Copilot Enjoys 175% Growth, TomTom Wields Azure AI, VP Names 3 Most-Loved Developer Tools
Wednesday, May 22, 2024 - 3:43pm | 517Read More...Microsoft Corp‘s (NASDAQ:MSFT) two-day Build event continues to showcase the transformative power of artificial intelligence (AI) and how it reshapes the developer landscape. Keynote speaker Scott Guthrie, VP of Cloud+AI, emphasized that “AI is transforming the world and developers are...
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Microsoft Unveils AI Strategy Updates, Touts 'Fit-To-Purpose' Models, Plans To Expand Azure Footprint
Tuesday, May 21, 2024 - 5:12pm | 531Read More...At JPMorgan’s 52nd annual TMC conference in Boston, Microsoft Corp‘s (NASDAQ:MSFT) CVP of Cloud & AI Commercial Marketing, Alysa Taylor, shared valuable insights into the company’s evolving AI strategy and cloud initiatives. Analyst Mark R. Murphy highlighted several critical...
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What's Going On With Nvidia Stock Friday?
Friday, May 17, 2024 - 12:53pm | 458Read More...Nvidia Corp (NASDAQ:NVDA) stock is trading lower amid reports of Microsoft Corp (NASDAQ:MSFT) eying Advanced Micro Devices, Inc (NASDAQ:AMD) artificial intelligence chips for its cloud computing clients. Microsoft’s move reflects the acute supply crisis Nvidia is...
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Microsoft Q3 Shines Light On 'AI Innovation Cycle': Analysts See 'Plenty Of Runway For Growth'
Friday, April 26, 2024 - 12:29pm | 1408Read More...Technology giant Microsoft Corporation (NASDAQ:MSFT) reported third-quarter financial results that saw revenue and earnings per share beat estimates from analysts. Analysts are praising the company's growth of artificial intelligence platforms. The MSFT Analysts: Oppenheimer analyst Timothy Horan...
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'Another Picasso-Like Performance:' Top Tech Analyst Praises Satya Nadella, Says Microsoft Is Top 'AI Draft Pick' With 20% Rally In Store
Friday, April 26, 2024 - 5:21am | 783Read More...Wedbush's Dan Ives praised Microsoft Corp.'s (NASDAQ:MSFT) performance after the company reported its March 2024 quarter earnings and beat revenue and earnings per share (EPS) estimates. What Happened: Ives praised Microsoft CEO Satya Nadella for the company’s performance in the AI and cloud...
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Satya Nadella Says Azure Search, Also Used By ChatGPT, Is 'One Of The Fastest-Growing Services' For Microsoft
Thursday, April 25, 2024 - 11:55pm | 706Read More...Microsoft Corp (NASDAQ:MSFT) CEO Satya Nadella addressed concerns about the demand environment for the company’s Azure cloud services during the third-quarter earnings call. What Happened: During the call on Thursday, Nadella spoke about the strong demand for Azure,...
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Is Microsoft Turning Into 'IT For OpenAI'? Insiders Say Tech Giant's AI Strategy Is Overly Reliant On ChatGPT Parent's Partnership
Tuesday, March 12, 2024 - 12:56am | 787Read More...Microsoft Corp (NASDAQ:MSFT) insiders are expressing concerns that the company’s AI strategy is becoming too focused on its partnership with ChatGPT-maker OpenAI, to the extent that it is being dubbed the “IT for OpenAI.” What Happened: Some Microsoft insiders are worried that the...
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Unlike Alphabet That Seems Locked In The AI Battle, Microsoft Shined With Its Quarterly Results
Thursday, February 1, 2024 - 12:41pm | 677Read More...On Tuesday, Google-parent Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) and Microsoft Corporation (NASDAQ: MSFT) reported their quarterly results. While Alphabet disappointed Wall Street as its holiday-season advertising sales were short of expectations, Microsoft topped analyst estimates....
















