Meta's Q2 earnings report showed AI spending nearly doubled to $31.1 billion, eating up free cash flow that plunged from $8.55 billion to $784 million, and investors responded by sending the stock dow…
Microsoft CEO Satya Nadella confirmed the company is building a unified Copilot 'super app' merging AI chat, coding, collaboration, and autonomous agent tools for both consumers and businesses, with a…
Meta shares fell roughly 9% after Q2 earnings per share of $6.18 missed the $7.14 consensus, dragged down by $3.6 billion in legal and severance charges and a 91% decline in free cash flow, while Micr…
Meta's stock cratered roughly 9% after missing profit estimates by more than a dollar, reporting $6.18 per share against Wall Street expectations of roughly $7.14, while Microsoft surged on proven AI …
Microsoft closed fiscal 2026 with $331.8 billion in revenue, up 18%, as Azure crossed $100 billion in annual revenue for the first time with 41% growth, accelerating to 43% in the June quarter, while …
Microsoft's Azure cloud revenue jumped 43% last quarter, its fastest growth in four years, as capital expenditures surged 70% to $41 billion. The company's shares rose about 3% in late trading after b…
Moonshot AI's Kimi K3 is now available through Fireworks AI on Microsoft's Foundry platform, giving Azure customers a managed route to run the model via OpenAI-compatible APIs. Fireworks lists Kimi am…
Microsoft shares rose 9% and Meta shares fell 9% after both companies reported earnings within an hour of each other on Wednesday evening, as investors rewarded Microsoft for showing clear returns on …
Microsoft reported strong quarterly growth with revenue up 18% to $90bn and profits rising 31% to $35.8bn, driven by AI demand and Azure revenue growth of 43%, while Meta posted record revenue of $60.…
Microsoft's Q4 2026 earnings reveal a 13% drop in Xbox hardware sales and a 10% decline in content and services revenue, as the company reallocates capital from consumer gaming to AI infrastructure. T…
Microsoft's Dev Tunnels service provides a free, built-in alternative to ngrok for exposing localhost to the internet, available directly in Visual Studio, VS Code, and via CLI. The service creates te…
Microsoft Corp. reported a 31% jump in net profit to $35.8 billion for the quarter ended June 30, driven by demand for its cloud and artificial intelligence offerings. Revenue rose 18% to $90 billion,…
Microsoft's Azure cloud revenue rose 43% in the fiscal fourth quarter, the fastest growth since early 2022, topping analysts' estimates of 40%. CFO Amy Hood said growth will accelerate to about 45% in…
Islo introduced Islo BYOC, which runs its coding agents on infrastructure owned by the customer, including AWS and on-prem Linux machines, with Google Cloud and Azure support coming soon. The product,…
Microsoft Corp. announced Wednesday that its Azure cloud division surpassed $100 billion in annual revenue for the first time, driven by a 43% surge in fiscal fourth-quarter revenue that outpaced Wall…
Microsoft reported strong overall cloud revenue growth in its latest earnings, but the contribution from AI features in Microsoft 365 remained modest, signaling that enterprise adoption of generative …
Microsoft CEO Satya Nadella said Wednesday that average weekly engagement with Copilot AI is now on par with Outlook and Teams, with over 30 million paid Microsoft 365 Copilot seats and nearly 40 mill…
Microsoft recorded a $3.2 billion gain from its Anthropic investment in the fourth quarter of fiscal 2026, boosting diluted earnings per share by 33 cents, while marking down its OpenAI investment by …
Microsoft said on July 29 that its underlying calendar-2026 infrastructure investment plan remains unchanged, but a shift of future datacenter leases from finance leases to operating leases lowers exp…
Microsoft Corp. reported fiscal fourth-quarter results that beat analyst estimates, driven by strength in its cloud and artificial intelligence businesses. The company's Azure cloud unit grew 29% year…