Categories: Tech & Auto

Microsoft cloud revenue beats estimates in sign that AI bet is paying off

Oct 28 (Reuters) – Microsoft surpassed expectations for quarterly cloud revenue on Wednesday, signaling that its hefty AI investments were paying off at a time Wall Street grows increasingly wary of

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Share
Published by
Indianews Syndication

Recent Posts

Fed leaves rates unchanged as it awaits 'accumulation of more information'

By Howard Schneider and Ann Saphir WASHINGTON, Oct 28 (Reuters) - The Federal Reserve held…

9 seconds ago

Alphabet shares fall after revenue miss, cash burn worsens

By Kenrick Cai and Akash Sriram Oct 28 (Reuters) - Google parent Alphabet on Wednesday…

1 minute ago

BRIEF-Techprecision Corp – Extends Maturity Date Of Revolver Loan To November 30, 2026 – SEC Filing

Oct 28 (Reuters) - TechPrecision Corp: * TECHPRECISION CORP - EXTENDS MATURITY DATE OF REVOLVER…

7 minutes ago

Djokovic outlasts Humbert in Basel, Borges ousts Ruud

VIDEO SHOWS: ATP 500 SWISS INDOORS BASEL HIGHLIGHTS COMPLETE SHOTLIST AND SCRIPT TO FOLLOW SHOWS:…

8 minutes ago

Warsh says politics played no role in Fed's rate decision by group he is 'honored' to lead

By Howard Schneider and Ann Saphir WASHINGTON, Oct 28 (Reuters) - Federal Reserve Chairman Kevin…

11 minutes ago

Alphabet shares fall after revenue miss, cash burn worsens

Oct 28 (Reuters) - Google parent Alphabet on Wednesday missed Wall Street revenue expectations as…

12 minutes ago