· 26m · on MSN
Microsoft shares slide as cloud forecast, AI spending disappoint
· 17h
Microsoft still can't meet all its AI cloud demand, leading to investor disappointment
Cloud is the big engine for Microsoft bulls, and it disappointed in the latest quarter. That's likely the biggest driver of the pressure on Microsoft's stock, which fell more than 4% in Wednesday's extended session.
· 4h
Microsoft’s cloud sales disappoint as it struggles to meet AI demand
Microsoft’s vast cloud division posted slower growth than Wall Street forecast as the tech group struggled to keep pace with customer demand for artificial intelligence-related services. The Seattle-based software group beat analysts’ expectations for revenue and net income in the quarter ending in December,
· 7h · on MSN
Wall Street slips after the Federal Reserve keeps interest rates steady
Stock market today: Wall Street mixed ahead of the Fed's rate decision
Anxiety over a Chinese startup’s threat to American artificial intelligence dominance faded further Wednesday as investors turned their focus to the Federal Reserve’s rate decision due later in the da
· 10h
Stock market today: Wall Street slips after the Fed opts to keep interest rates steady