Microsoft and Meta Lead Tech Rally with Strong AI-Driven Earnings

Meta, Microsoft reports lift AI-related stocks

April 30 (Reuters) - Shares in artificial intelligence and cloud-computing-related companies were rising sharply in late trade on Wednesday after Meta Platforms (META.O), opens new tab and Microsoft (MSFT.O), opens new tab results beat Wall Street expectations. The reports appeared to boost demand

Big Tech's fortunes diverge as AI powers cloud, tariffs hit consumer electronics

May 1 (Reuters) - The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in cloud and digital ads while consumer electronics take a battering from President Donald Trump's global trade war. AI came to the rescue of

US tech-related stocks jump after Microsoft, Meta Platforms results

NEW YORK, May 1 (Reuters) - U.S. technology-related stocks including many involved in artificial intelligence rose sharply on Thursday following stronger-than-expected results from Microsoft and Meta Platforms, while investors awaited results from Apple and Amazon.com after the closing

Microsoft beats quarterly revenue estimates as AI shift bolsters cloud demand

April 30 (Reuters) - Microsoft (MSFT.O), opens new tab topped market estimates for quarterly revenue on Wednesday, boosted by steady demand for its cloud services as businesses ramped up spending on artificial-intelligence tools. Shares of the tech giant rose more than 6% in extended trading. The

Microsoft pops 9% after earnings beat, on pace for best day in 5 years

Satya Nadella, CEO of Microsoft, speaking on CNBC's "Squawk Box" outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Microsoft shares popped 9% Thursday after the software giant issued strong guidance, and robust cloud growth drove a top-and-bottom line beat in the third

Microsoft, Meta results signal concerns about AI spending were overblown. Wall Street gives the winners from here

Big Tech companies are continuing to spend on artificial intelligence infrastructure and data center buildouts, quieting concerns about their growth and reviving investor sentiment in other parts of the AI market. Quarterly results from Microsoft and Meta released on Wednesday indicated that both

Microsoft Profit Increases 18% While It Slows A.I. Spending

Sign up for the On Tech newsletter. Get our best tech reporting from the week. Get it sent to your inbox. Since the release of the ChatGPT chatbot in 2022, Microsoft has plowed more and more money into building data centers in what one industry analyst called "the largest infrastructure build-out

Microsoft to report earnings as AI financial boom shows no sign of slowing

Company has beaten Wall Street expectations in each of its previous three quarterly earnings reports Microsoft will report its earnings for the third quarter of the fiscal year after the stock market closes on Wednesday. Analysts have predicted that revenue would grow by 10.6% year-over-year to

Microsoft and Facebook ride AI business to earnings beat

The big picture: Microsoft and Meta gave no indications of a growth slowdown as the AI economy continues to surge. Zoom in: Meta projected that its 2025 capital expenditures will rise from a previous range of $60 billion -- $65 billion to a new range of $64 billion -- $72 billion, reflecting

Microsoft 365 and Azure revenues push company results to another record high

Microsoft CEO Satya Nadella says cloud and AI demand has been the key drivers for its latest spectacular revenue growth for its most recent quarter, ending March 31, 2025. Of the $70.1 billion in third-quarter revenue, Microsoft Cloud revenue stood at $42.4 billion, up a notable 20%

Microsoft just made the AI bull case a whole lot stronger

Microsoft (MSFT) didn't just beat expectations in its fiscal third quarter -- it delivered what Wedbush dubbed an "Aaron Judge-like" performance that could help reset the narrative around AI monetization. Revenue hit $70.1 billion, up 13%, with Azure and other cloud revenue growing 33%

Microsoft stock surges 9% as Azure earnings smash expectations and the AI boom rolls on

The stock was up about 9% in mid-morning trading. It's now up about 3% so far this year, having fully recovered from April's trade war-induced bloodbath in tech stocks. Microsoft racked up $70.1 billion in revenue, up 13%, and $25.8 billion in net income, up 18%, fueled by relentless demand for

Microsoft smashes Wall Street's earnings expectations -- and the stock soars

Microsoft (MSFT-0.92%) blew past Wall Street expectations in its fiscal third quarter, racking up $70.1 billion in revenue, up 13%, and $25.8 billion in net income, up 18%, fueled by relentless demand for cloud and AI. Azure and other cloud services surged 33% year-over-year, driving a 21% jump in

Microsoft is stealing Amazon's thunder in the cloud -- and AI

And despite a few wobbles, the takeaway is clear: AI momentum and operational efficiency are driving a new wave of tech profitability, even as tariffs loom and economic uncertainty lingers. Perhaps unsurprisingly, given the widening gap between Wall Street and Main Street, the shift to AI-powered

Microsoft and Meta beat estimates as AI outpaces Trump's tariff woes

Microsoft and Meta both exceeded market expectations in their March quarter earnings, lifting shares in extended trading. The results suggest robust demand for artificial intelligence is helping offset the negative impact of tariff-driven economic uncertainty. Microsoft and Meta Platforms reported

Microsoft delivers impressive earnings beat, showing strength in AI and cloud - SiliconANGLE

Microsoft delivers impressive earnings beat, showing strength in AI and cloud Microsoft Corp.'s stock gained more than 7% in late trading today after it beat expectations in its latest financial results thanks to strong growth in the cloud, and followed up with encouraging guidance for the current

Microsoft's Q1 profits rose 18% thanks to AI and cloud computing

Microsoft's cloud computing and artificial intelligence business helped deliver $70.1 billion in sales and boosted profits by 18% for the January-March quarter, a dose of relief for investors during a turbulent time for the tech sector and U.S. economy. The company reported quarterly net income of

Microsoft puts brakes on AI spending as profit increases 18%

Since the release of the ChatGPT chatbot in 2022, Microsoft has plowed more and more money into building data centers in what one industry analyst called "the largest infrastructure build-out that humanity has ever seen." But after 10 consecutive quarters of increased spending for artificial

Microsoft outshines Amazon where it matters most

Microsoft and Amazon, two tech giants, reported their earnings last week, providing insight into the current state of the cloud and AI markets. Microsoft's stock surged over 11%, driven by strong cloud and AI demand, while Amazon's stock rose about 1%, buoyed by margin growth. Microsoft's Azure

US Tech-Related Stocks Jump After Microsoft, Meta Platforms Results

Microsoft logo is displayed on a screen during a media tour, as preparations continue ahead of the opening of the Hannover Messe, one of the world's largest industrial trade fairs with this year's partner country Canada, which, like the European Union, is similarly affected by the new U.S. tariffs,

Microsoft Beats Quarterly Revenue Estimates as AI Shift Bolsters Cloud Demand

(Reuters) - Microsoft topped market estimates for quarterly revenue on Wednesday, boosted by steady demand for its cloud services as businesses ramped up spending on artificial-intelligence tools. Shares of the tech giant rose more than 6% in extended trading. The results are likely to ease

Microsoft Stock Pops as Cloud and AI Strength Drives Earnings Growth

Microsoft (MSFT) reported fiscal third-quarter revenue and profits that surpassed analysts' expectations, sending shares higher in extended trading Wednesday. The tech titan's revenue grew 13% year-over-year to $70.07 billion, above the analyst consensus from Visible Alpha. Net income of $25.82

Nvidia Stock Jumps as Microsoft, Meta Commit to Continued Heavy AI Spending

During Microsoft's earnings call Wednesday, CFO Amy Hood reiterated the company's plan to spend $80 billion on AI infrastructure in fiscal 2025. Meta, meanwhile, said it plans to boost its capital expenditures this year to $64 billion to $72 billion to grow its AI capacity. Mark Zuckerberg, the

Microsoft Stock Rockets Higher as Analysts Raise Price Targets on AI-Fueled Growth

Microsoft reiterated its plan to spend $80 billion on infrastructure in fiscal 2025. Microsoft (MSFT) shares surged Thursday after the company posted what Morgan Stanley called "one of their strongest quarters in recent memory," on growth fueled by demand for cloud computing and AI. Microsoft

Is the AI Trade Back on After Meta and Microsoft Earnings?

Microsoft and Meta both beat expectations with their quarterly results on Wednesday. Microsoft reported a 21% increase in cloud revenue, while Meta said its AI is approaching 1 billion monthly active users. The results boosted beaten-down AI and Big Tech stocks. Nvidia (NVDA) stock, which entered

Why Microsoft Stock Had One of Its Best Post-Earnings Days in a Decade

CFO Amy Hood noted that AI demand continued to outstrip supply, comments that helped temper Wall Street's fear that macroeconomic uncertainty would slow AI growth. Microsoft (MSFT) stock soared on Thursday after the tech giant's quarterly results handily beat Wall Street estimates. Shares closed

Meta, Microsoft reports lift AI-related stocks

Following strong earnings reports from Meta and Microsoft, shares in AI and cloud computing companies surged on Wednesday. Microsoft's shares jumped over 6% due to strong Azure cloud growth, while Meta's rose more than 4% as AI-powered tools boosted advertising revenue. Nvidia increased 2.8%,

Microsoft reports strong results driven by cloud and AI

Technology giant Microsoft posted robust quarterly results on Wednesday, with revenue rising 13 percent to $70.1 billion, powered by a strong performance in its cloud computing and artificial intelligence businesses. The company's Intelligent Cloud segment, a key part of Microsoft's business,

Microsoft puts brakes on AI spending as profit increases 18%

Microsoft's Q1 2025 results showed strong growth with $70.1 billion revenue and $25.8 billion profit, driven by 33% Azure growth and AI services. Capital spending fell slightly to $21.4 billion but remains high, with $85 billion forecast for the year. CEO Nadella cited efficiency and strong cloud

Big Tech's fortunes diverge as AI powers cloud, tariffs hit consumer electronics

AI came to the rescue of earnings at Microsoft and Google-parent Alphabet in their March quarter, offering investors hope that their billion-dollar bets on the technology would help them ride out the fallout from sweeping US tariffs. The Trump administration has so far spared electronics from

Microsoft forecasts strong growth for Azure cloud business, shares surge 7%

Microsoft forecast on Wednesday stronger-than-expected quarterly growth for its cloud-computing business Azure after blowout results in the latest quarter, calming investor worries in an uncertain economy and lifting its shares 7% after hours. Microsoft's results, which follow similar outcomes

Nvidia Stock Surges After Hours: What's Going On? - NVIDIA (NASDAQ:NVDA)

NVIDIA Corp NVDA shares are rising in extended trading Wednesday following strong earnings from Microsoft Corp MSFT and Meta Platforms Inc META. What Happened: Microsoft beat analyst estimates for the third quarter on the top and bottom lines, driven by strong Azure and cloud services

Microsoft's Blockbuster Quarter Cements Goldman's Bullish AI, Cloud Thesis - Microsoft (NASDAQ:MSFT)

Microsoft Corp. MSFT delivered a blockbuster quarter that beat expectations across the board, with cloud and AI momentum now so strong that Goldman Sachs sees the stock marching near all-time highs at $480 per share. In a note shared Thursday, Goldman Sachs analyst Kash Rangan said Microsoft's

Microsoft Shares Are Up Today: What's Going On? - Microsoft (NASDAQ:MSFT)

Microsoft Inc. MSFT shares traded higher on Thursday after the company beat third-quarter earnings expectations and gave strong revenue guidance. What To Know: The company reported $70.07 billion in revenue, up 13% and $3.46 earnings per share, both above Wall Street estimates. The move also

Microsoft Stock Rallies On Q3 Strength Of Azure: Analyst Says Company Is 'Sole AI Leader In Both Apps And Infrastructure' - Microsoft (NASDAQ:MSFT)

Feel unsure about the market's next move? Copy trade alerts from Matt Maley -- a Wall Street veteran who consistently finds profits in volatile markets. Claim your 7-day free trial now. Microsoft Corporation MSFT analysts highlight a strong showing by Azure as the key factor that powered the tech

Bright Spot Amid Broader Uncertainty

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify. Investors are cheering the blowout earnings from Microsoft (MSFT) and Meta (META), with their guidance signaling resilience amid broader economic fears. The tech

Microsoft forecasts strong growth for Azure cloud business, shares surge 8%

(Reuters) -Microsoft forecast on Wednesday stronger-than-expected quarterly growth for its cloud-computing business Azure after blowout results in the latest quarter, assuaging investor worries in an uncertain economy and lifting its shares 8% after hours. Microsoft's results, which follow

Big Tech: Microsoft, Meta beat forecasts, calm investor jitters

STORY: Tech giants Microsoft and Meta have shaken off fears of an unsteady economy or AI slowdown, for now at least. Both of them beat analyst forecasts on Wednesday. Microsoft's Azure cloud division in particular grew by a third over the quarter. The company says about half of that was

Big Tech's fortunes diverge as AI powers cloud, tariffs hit consumer electronics

(Reuters) -The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in cloud and digital ads while consumer electronics take a battering from President Donald Trump's global trade war. AI came to the rescue of earnings at

US tech-related stocks jump after Microsoft, Meta Platforms results

NEW YORK (Reuters) -U.S. technology-related stocks including many involved in artificial intelligence rose sharply on Thursday following stronger-than-expected results from Microsoft and Meta Platforms, while investors awaited results from Apple and Amazon.com after the closing bell. Shares of

Microsoft forecasts strong growth for Azure cloud business, shares surge 7%

(Reuters) - Microsoft forecast on Wednesday stronger-than-expected quarterly growth for its cloud-computing business Azure after blowout results in the latest quarter, calming investor worries in an uncertain economy and lifting its shares 7% after hours. Microsoft's results, which follow similar

Meta, Microsoft reports lift AI-related stocks

(Reuters) -Shares in artificial intelligence and cloud-computing-related companies were rising sharply in late trade on Wednesday after Meta Platforms and Microsoft results beat Wall Street expectations. The reports appeared to boost demand for shares in AI chip leader Nvidia Corp, which rose 2.8%

Microsoft beats revenue estimates as AI shift bolsters cloud demand

(Reuters) -Microsoft topped quarterly revenue expectations on Wednesday, helped by strong growth at its cloud-computing business Azure, reassuring tech investors that hefty AI investments were paying off and sending shares of the company nearly 6% higher in after-hours trading. Microsoft's