News Formal

Microsoft Earnings Growth Accelerates on Stronger-Than-Expected Cloud Demand

  • 📰 WSJ
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Company’s partnership with OpenAI has helped power new AI businesses

Microsoft’s sales growth accelerated last quarter as demand for its cloud computing services warmed amid growing enthusiasm about artificial intelligence.

The company reported Tuesday that its revenue grew 13% to $56.5 billion for the quarter through September. That was above analysts’ expectations and a step up from growth of 11% during year-earlier period.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 98. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Microsoft earnings on deck with AI boost, Azure cloud growth in focusMicrosoft MSFT shares moved higher in pre-market trading ahead of the tech giant's first quarter earnings after the closing bell. Microsoft, which effectively fired the starting gun on this year's AI frenzy with a $10 billion investment in ChatGPT creator OpenAI, is likely to provide ...
Bron: startelegram - 🏆 248. / 63 Lees verder »

Microsoft blows past earnings estimates as cloud growth comes in hotMicrosoft’s stock gains more than 5% as company logs revenue beats across its segments
Bron: MarketWatch - 🏆 3. / 97 Lees verder »

Microsoft earnings: What to expectMicrosoft reports earnings after the close of trading Tuesday
Bron: MarketWatch - 🏆 3. / 97 Lees verder »

U.S. stocks pushing higher as earnings season rolls on with Microsoft and Alphabet aheadU.S. stocks are maintaining Tuesday gains, buoyed by stronger than expected results from several blue chip companies even as earnings from two major tech...
Bron: MarketWatch - 🏆 3. / 97 Lees verder »

Microsoft set to report earnings after the bellWhile ChatGPT has inspired companies to draw on Microsoft's cloud services for generative artificial intelligence, clients have been cutting cloud costs
Bron: CNBC - 🏆 12. / 72 Lees verder »