AI expenses and a looming price war in cloud services could blow up its profits. Blame it on DeepSeek.
Shares of tech giant Microsoft (NASDAQ:MSFT) fell 6.3% in the morning session after the company reported fourth quarter ...
Microsoft shares tumbled Thursday after the company’s weaker-than-expected fiscal second-quarter cloud growth prompted some ...
The decline came as Microsoft finance chief Amy Hood said the company expects revenues for the current quarter to range between $67.7 billion and $68.7 billion, falling short of the $69.78 billion per ...
The race to develop AI has already rewritten the traditional rules of finance, with Big Tech leading the charge.
Meta CEO Mark Zuckerberg, meanwhile, seemed to downplay the threat posed by DeepSeek, saying that the industry is constantly changing and DeepSeek’s announcement is simply a part of that ebb and flow.
Microsoft is the worst Dow Jones stock Thursday as the tech giant's soft outlook offsets an earnings beat. Here's what you need to know.
The chief executives of Microsoft and Meta defended their hefty investments on artificial intelligence, days after Chinese upstart DeepSeek revealed a breakthrough in low-cost AI computing that shook ...
India's central bank on Thursday said it has filed an application with a company tribunal to initiate bankruptcy proceedings ...
(Reuters) -Investors punished Microsoft with a 6% share drop on Thursday as hefty AI bets failed to drive a big increase in ...
U.S. stock futures point mostly higher as investors react to corporate earnings, Apple is slated to report results after the ...