Microsoft's Cloud Growth Slowdown Raises Investor Concerns Amid AI Push

Microsoft's Cloud Revenue Disappoints But Satya Nadella Remains Committed to A.I. Spending

The company is spending billions to develop data centers around the globe and acquire A.I. chips. Microsoft (MSFT) is going all in on A.I. The world's most valuable company yesterday (July 30) reported capital expenditures (CapEx) of $19 billion for the April-June quarter, up 78 percent from a

Microsoft's cloud service growth slows, testing investors' patience

Microsoft's Azure cloud-computing service posted a slowdown in quarterly growth, testing the patience of investors anxious to see a payoff from huge investments in artificial intelligence products. Revenue from Azure, Microsoft's main growth engine in recent years, rose 29% in the fiscal fourth

Microsoft's Azure posts slowdown in growth, testing investors' patience

"It was really about the cloud services number -- it needed to just be a little higher," Doug Clinton, a managing partner at Deepwater Asset Management, said on Bloomberg Television. Still, the accelerated contribution from AI confirms business momentum with that emerging technology, wrote Raimo

Microsoft sees shares fall back as cloud growth slows down

Shares slip as the quarterly earnings report shows a slowdown in growth in core business Azure while capital expenditure rises amid the AI build. Microsoft has reported its fourth-quarter earnings for the fiscal year 2024, surpassing analysts' estimates. However, its shares dropped by more than

Microsoft fails to impress with cloud service earnings

Despite a solid quarter, a slowdown in Azure growth is raising concerns around Big Tech's massive investments into AI infrastructure and if they will pay off. Microsoft has posted a steady quarter with revenue up by 15pc, but the company's cloud sector growth did not meet expectations and caused a

Microsoft Profit Jumps 10%, but Cloud Computing Grows Slower Than Expected

Microsoft closed its first full fiscal year of aggressive artificial intelligence investment with a mixed bag of results for people worried about how much big tech companies are spending on A.I. Sales from April through June hit $64.7 billion, up 15 percent from the same period last year, the

Microsoft cloud unit miss dulls bright earnings

San Francisco (AFP) - Microsoft shares slipped Tuesday after the tech giant reported quarterly profit climbed but its crucial cloud computing unit missed expectations. Microsoft said it made a profit of $22 billion on $64.7 billion in revenue in the recently ended quarter, up from the same period

Microsoft beats revenue forecasts but poor performance of cloud services drags share price

Firm's earnings were up 15% year-on-year, but Azure's lower returns resulted in share prices falling by as much as 7% Microsoft outperformed analyst predictions in its latest quarterly earnings report, revealing on Tuesday that its revenue was up 15% year-over-year. But growth of the company's

Strong Microsoft results dampened by slight miss on cloud sales - SiliconANGLE

Strong Microsoft results dampened by slight miss on cloud sales Microsoft Corp. shares fell 3% in after-hours trading as cloud computing revenue slightly undershot analysts' estimates. Consistent with Alphabet Inc.'s announcement last week that it was sharply increasing its investments in cloud

Microsoft stock is falling after an AI sales disappointment

Microsoft's AI expenses caused it to spend more money than analysts expected in its fiscal fourth quarter. At the same time, its AI sales disappointed. Microsoft reported quarterly capital expenditures of $13.9 billion -- 55% higher than the year before and $200 million higher than the $13.7

Microsoft's fast-growing AI business isn't fast enough for Wall Street

Most companies reporting 29% quarterly growth in their most important division would be celebrated on Wall Street like Olympic gold medal winners. But when Microsoft said on Tuesday that its Azure cloud unit -- a key component of its AI strategy -- had grown at that pace, investors reacted as if

Microsoft Cloud Unit Miss Dulls Bright Earnings

Microsoft shares slipped Tuesday after the tech giant reported quarterly profit climbed but its crucial cloud computing unit missed expectations. Microsoft said it made a profit of $22 billion on $64.7 billion in revenue in the recently ended quarter, up from the same period a year earlier. Cloud

Microsoft's cloud business is powering its profits -- but there's still some disappointment

Microsoft reported a 10% increase in quarterly profits Tuesday as it tries to maintain its position as a leader in artificial intelligence technology. The software giant said its fiscal fourth-quarter profit was $22 billion, or $2.95 per share, slightly beating analyst expectations for $2.94 per

Microsoft reports mixed Q4 results: Cloud misses, gaming surges - Times of India

Microsoft announced its fiscal year 2024 fourth-quarter earnings on Tuesday, reporting revenue of $64.7 billion, a 15% increase year-over-year. The gaming business saw a significant increase, while the AI business struggled to meet market's expectations and hardware sales continued to decline The

Microsoft Is Losing a Staggering Amount of Money on AI

Microsoft has spent a staggering amount of money on AI -- and serious profits likely remain many years out, if they're ever realized. The tech giant revealed that during the quarter ending in June, it spent an astonishing $19 billion in cash capital expenditures and equipment, the Wall Street