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ChatGPT-maker OpenAI said it scrapped its for-profit conversion plan after discussions with civic leaders and the attorneys ...
Microsoft stock soared on Thursday after the tech giant’s quarterly results handily beat Wall Street estimates.
The company reported $70.1 billion in revenue and earnings of $3.46 per share, compared to the consensus estimates of $68.4 ...
Microsoft shares surged in extended trading Wednesday after the company issued quarterly results and guidance that topped ...
Microsoft saw a surprisingly strong performance in the cloud, but it’s also monetizing generative AI well and moderating ...
Microsoft reported its Q3 earnings on Wednesday, blowing analysts' estimates out of the water with massive revenue and ...
U.S. stocks advance, boosted by strong earnings from Meta and Microsoft. But Apple and Amazon slip after the bell on ...
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Simply put, developing AI isn't cheap. Meta spent $13.6 billion on new data center infrastructure and chips during the first ...
Strong Q1 earnings from Meta and Microsoft sparked an AI rally that boosted the tech-heavy index past its level on April 2, ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
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After rising on the earnings news, Microsoft shares moved even higher following its earnings call late Wednesday. The stock ...
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