Wall Street is set to open higher on Thursday as strong Microsoft results helped technology stocks recover from their sharp post-Federal Reserve sell-off. Dow Jones futures were up 225 points, or 0.4%, while S&P 500 futures pointed to a 0.6% gain and the Nasdaq was called 1.3%...
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Zuckerberg has staked Meta's future on AI dominance and made clear that rising costs won't slow him down. But as debt surges and profits shrink, investors are starting to ask whether unlimited ambition is a strategy or just an expensive gamble.
The software company beat Wall Street expectations on revenue and earnings as Azure growth accelerated to 43% in the fourth quarter
July 30 (Reuters) - U.S. stock index futures steadied on Thursday after a sharp selloff driven by uncertainty around the Federal Reserve's policy outlook, while Microsoft's forecast-beating results
Microsoft (NASDAQ:MSFT) shares surged 8% in premarket trading on Thursday after the technology giant issued stronger-than-expected revenue guidance for the current quarter while leaving its capital spending plans for calendar year 2026 broadly unchanged. The upbeat outlook followed better-than-expected quarterly earnings, driven by continued strength in Microsoft’s cloud computing and artificial intelligence businesses.
Microsoft poured another record sum into AI infrastructure — and Azure growth finally accelerated.
Stocks looked set to open higher on Thursday as investors weighed up earnings reports from Microsoft and Meta Platforms, which came just hours after Federal Reserve Chairman Kevin Warsh’s press conference triggered a brutal market selloff.
U. S. stock futures edged higher on Thursday as investors weighed the Federal Reserve’s latest interest rate decision alongside a fresh wave of earnings from major technology companies.
Microsoft topped earnings estimates while the Fed held rates steady, as mixed results from Meta and Qualcomm and upbeat reports from Starbucks and Chipotle shaped trading.
Microsoft reported record quarterly profit and forecast accelerating Azure growth, while Meta’s profit and margins were hit by severance costs and legal expenses.View on euronews
As artificial intelligence shifts computing from static software to intelligent assistants that work continuously on a user’s behalf, Microsoft Corp. (NASDAQ:MSFT) says the next phase of its AI business will be driven not just by software subscriptions but by how much customers actually use its AI tools. Usage-Based Pricing Broadens AI Monetization During its fourth-quarter earnings call, CEO Satya Nadella said Microsoft is evolving its commercial model beyond per seat to per seat plus consumpti
Alphabet increased its annual CapEx target last week, which pressured shares of hyperscalers including Amazon at the time. Microsoft, reporting on Wednesday, maintained its CapEx view.
People assumed Buffett was avoiding taxes or warehousing the money. Experts say the more telling question is how he's giving it away.
Microsoft Corp (MSFT) delivered a record fiscal year with Azure revenue surpassing $100 billion, while AI-driven demand continues to outpace capacity.
Copilot, which includes AI features supported by cloud services in its Office suite, grew 20 million paid users last quarter, showing the time spent convincing users to give it a try has paid off.
Microsoft beat fourth-quarter sales and profit expectations, with its Azure cloud posting 43% growth.
The hyperscaler impressed Wall Street by holding firm on AI spending.
Meta fell and Microsoft rallied after sending very different signals on how they’re monetizing their massive AI outlays.
Microsoft pitched its own homegrown AI models, harnesses, and even a Mythos competitor on Wednesday, telling Wall Street it plans for continued growth.
Microsoft (NASDAQ:MSFT) closed fiscal 2026 with record revenue and continued growth in cloud and artificial intelligence services, while outlining plans for further infrastructure investment and forecasting double-digit revenue and operating-income growth in fiscal 2027. For the fiscal fourth quart
REalloys is establishing a comprehensive, non-Chinese rare earth supply chain in North America by integrating feedstock sourcing, proprietary metallization technology, and permanent magnet manufacturing
Microsoft Azure cloud-computing revenue increased 43% during the fiscal fourth quarter, above expectations of 40%.