The tech giants on Wednesday talked up their AI strategies and said they are sticking with ambitious investments in the technology despite the investor panic this week over the ri
AI revenue run rate reached $13 billion, as the company reported $69.6 billion in revenue for the December quarter, up 12%, with earnings of $3.23/share, topping Wall Street's expectations by both measures.
Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field.
Microsoft’s cloud and AI businesses are doing pretty well — and their impact is being felt across the company. In its Q2 2025 earnings, Microsoft announced revenue of $69.6 billion for the quarter, up 12 percent year-over-year, and net income of $24.1 billion, which is up 10 percent year-over-year.
Microsoft reported slower-than-expected growth in its crucial Azure cloud business on Wednesday despite beating estimates for overall quarterly revenue, sending its shares down 4% in extended trading.
The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for tech stocks.
Microsoft will report its fiscal second-quarter results after Wednesday's closing bell, with investors focused on all things AI.
Microsoft is testing a better integration between iPhone and Windows 11 PCs. Here is what the iPhone Mirroring-ish feature will look like.
Cloud gaming was a boon for Microsoft's earnings this past fiscal quarter, even as the rest of the Xbox division saw revenue fall.
Microsoft has expanded its Phone Link feature to include iPhone users, bringing seamless integration to the Windows 11 Start menu. Previously limited to Android devices, this update allows iPhone owners to connect their devices to Windows PCs and access key features directly from the Start menu.