Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.

Microsoft will report its fiscal second-quarter results after Wednesday's closing bell, with investors focused on all things AI.

Tesla’s fourth-quarter adjusted earnings miss analysts’ estimates but the stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates, and Meta’s fourth-quarter profit handily tops forecasts.

Shares in Microsoft fell 2.8% in afterhours trading as the tech giant released fourth-quarter earnings. The company reported earnings per share of $3.23 and revenue of $69.6 billion. Microsoft was expected to report earnings per share of $3.

Since Microsoft reported fiscal Q1 earnings on Oct. 30, Wall Street analysts have trimmed their Q2 estimates but are now more bullish on the stock. Of the 60 analysts surveyed by FactSet who cover Microsoft,

Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data center supply.

Microsoft (NASDAQ:MSFT) has lagged behind the NASDAQ over the past year but is off to a strong start in 2025, outperforming the broader market.

FactSet, a global financial digital platform and enterprise solutions provider, today announced the launch of Pitch Creator, a groundbreaking GenAI-powered solution designed to revolutionize pitchbook creation for investment banks.

The software titan is due to report earnings after the closing bell Wednesday. A later conference call could shed light on artificial-intelligence spending plans and cloud-computing growth. Microsoft is expected to report earnings per share of $3.

Microsoft shares dropped 5 per cent, while Meta was up 2 per cent after their October-December Q1 results, both companies posted profits, according to AP reports.

Latest earnings for four Magnificent Seven stocks are announced this week. Tesla shares fall then rebound after earnings miss

Markets rallied last week but face premarket losses due to AI concerns. A busy week lies ahead with major earnings, economic data, and geopolitical uncertainty.