Analysts are getting even more bullish on Microsoft's A.I. prospects after latest earnings report

Microsoft's big swings on artificial intelligence are paying off, and analysts are even more bullish on the tech giant. The company reported Tuesday quarterly earnings and revenue that beat analyst expectations. Finance chief Amy Hood also said Microsoft sees revenue of $54.85 billion to $55.85 billion for the fiscal fourth quarter. The middle of that range tops a Refinitiv forecast of $54.84 billion.

mountain Microsoft jump on earnings report. Analysts were quick to praise Microsoft after those results. "We believe Microsoft is one of the most compelling investment opportunities in the technology industry and across sectors," Goldman Sachs analyst Kash Rangan wrote Tuesday.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft earnings beat as cloud growth comes in better than fearedMicrosoft's revenue from Azure and other cloud services topped analysts' estimates.
Source: CNBC - 🏆 12. / 72 Read more »

Bitcoin Regains $28K Amid Mildly Encouraging Tech Earnings, Liquidation of Short PositionsBitcoin jumped over $28K as investors seemed to respond to mildly encouraging Q1 earnings from tech giants Google and Microsoft and the liquidation of a number of BTC short positions. BTC was recently up about 3%. _jocelynyang_ reports
Source: CoinDesk - 🏆 291. / 63 Read more »