Microsoft to report fiscal Q4 earnings as Wall Street eyes AI revenue and spending

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 66 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 47%
  • Publisher: 63%

Microsoft Berita

Azure,Earnings Per Share,Revenue

Microsoft will report its fiscal Q4 earnings after the bell on Tuesday as investors and analysts look to see how much the company is making and spending on...

) will report its fiscal fourth quarter earnings after the bell on Tuesday as Wall Street continues to look for signs that the massive wave of AI investments among Big Tech firms is starting to pay off.

Still, Google didn’t offer specific numbers on the impact of AI on the cloud business, leaving some analysts like UBS Global Research’s Stephen Ju to predict that revenue benefits from the company’s AI spending might not come until the first half of 2025 at the earliest. “In terms of share shifts among AWS, Microsoft Azure, and Google Cloud, the most consistent theme in this round of checks was the number of customers and partners that cited share gains by Microsoft resulting from its early lead on the AI front,” Keirstead wrote in a recent note about the three major cloud players.“This has been a recurring theme from checks over the last 6-12 months and the commentary about Azure’s relative strength felt consistent with prior checks,” he added.

"Sitting my husband down after a week apart for a little presentation of all the internet videos I saved for him to watch." Paris Olympics: Pro-Palestinian group makes apparent 'anti-Semitic gestures' during Israeli national anthem at soccer matchShares of Florida-based SBA Communications fell more than 4% in extended trading. High interest rates have forced wireless carriers to keep a tight leash on their budgets after the initial roll-out of 5G network, hitting demand for companies such as SBA Communications.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 47. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Stock market today: Wall Street drifts, and crude oil slides ahead of a frenetic weekNEW YORK (AP) — U.S. stock indexes drifted to a mixed close ahead of a week full of earnings reports from Wall Street’s most influential companies and a Federal Reserve meeting on interest rates. The S&P 500 rose 0.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »