Azure

Microsoft Corp (NASDAQ: MSFT) shares tumbled on Wednesday morning after the company disappointed Wall Street with its quarterly guidance. Microsoft reported fiscal second-quarter adjusted EPS of $2.32, beating consensus analyst estimates of $2.29. Revenue of $52.75 billion missed consensus analyst...

Amazon Inc. (NASDAQ: AMZN) shares were retreating on Wednesday, as they move in sympathy with Microsoft Corp. (NASDAQ: MSFT). What Happened: Microsoft’s Cloud revenue rose 22% in the second quarter that ended Dec. 31, 2022, slowing from the 24% growth in the first quarter. On a...

Big tech earnings mostly surprised to the downside, prompting market analysts to comment that the market leadership is moving away from techs. Although Alphabet, Inc.’s (NASDAQ: GOOGL) (NASDAQ: GOOG) core search business and YouTube experienced weakness, its Cloud business was touted as a...

Technology giant Microsoft Corporation (NASDAQ: MSFT) reported first quarter revenue and earnings per share that came in ahead of Street estimates. Here’s why analysts are adjusting price targets down after the first quarter report. The Microsoft Analysts Wedbush analyst Daniel Ives has an...

Microsoft Corporation (NASDAQ: MSFT) dampened expectations that cloud computing demand would mitigate the sagging PC market in its first quarter earnings call. What Happened: The Redmond, Washington-based tech giant said that revenue growth from its cloud computing platform — Azure...

The worldwide cloud market grew at a robust clip in the first quarter, and the big three vendors dominated, according to a new report released by Canalys. Cloud Spending Maintains Red-Hot Pace: First-quarter cloud infrastructure spending climbed 34% year-over-year and about 12% from the previous...

Microsoft Corp (NASDAQ: MSFT) reported second-quarter financial results after market close Tuesday. Here are the key details for investors. What Happened: Microsoft's second-quarter revenue came in at $51.7 billion, up 20% year over year. The total came in ahead of a $50.9 billion estimate from...

Microsoft Corporation (NASDAQ: MSFT) reported first-quarter earnings after hours Tuesday. Here are the key highlights for investors to know. What Happened: Microsoft reported first-quarter revenue of $45.3 billion, up 22% year-over-year. The total came in ahead of Street consensus estimates of $44...

A leading technology company is pushing into financial services to grow its cloud business. Could this provide upside to the stock?  What Happened: Microsoft Corporation (NASDAQ: MSFT) is releasing its Microsoft Cloud for financial services on Nov. 1. “We are releasing new capabilities...

Strong cloud growth and the surprising strength of the Office 365 segment of Microsoft were big topics covered by analysts in updated notes after the company reported fourth-quarter earnings. The Microsoft Analysts: Morgan Stanley analyst Keith Weiss had an Overweight rating on Microsoft...

Technology giant Microsoft Corporation (NASDAQ: MSFT) reported earnings after the market close on Tuesday. Here are the key things to know from the report. What Happened: Fourth quarter revenue was $46.2 billion, up 21% year-over-year and ahead of the Street consensus of $44.1 billion. ...

Technology giant Microsoft Corporation (NASDAQ: MSFT) reported fiscal third-quarter earnings after market close Tuesday. What Happened: Third-quarter revenue of $41.7 billion was up 19% year-over-year and beat Street estimates of $41 billion. Microsoft reported operating income of $17...

Pete Najarian expects Microsoft Corp (NASDAQ: MSFT) to continue to show growth in its cloud computing service Azure. Speaking Tuesday on CNBC's "Fast Money: Halftime Report," Najarian said he expects Microsoft to report another strong quarter as the company continues to grow into its...

Microsoft Corporation (NASDAQ: MSFT) is poised to chip away further market share from Amazon.com, Inc (NASDAQ: AMZN) cloud subsidiary Amazon Web Services, according to Wedbush Securities. The Microsoft Analyst: Wedbush analyst Daniel Ives maintained his Outperform rating and $300 price target...

The IPO market is heating up this week with offerings from a low- cost airline, online food ordering platform, SaaS company and several small offerings. Here's a closer look at the large IPOs that are expected to price this week. Sun Country Airlines: The low-cost airline Sun Country...