Microsoft's annual AI revenue run rate reached $13 billion, as the company reported $69.6 billion in revenue for the December quarter, up 12%, with earnings of $3.23/share, topping Wall Street's ... Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying off. Microsoft reported better-than-expected earnings and revenue for the fiscal fourth quarter. The stock dipped as investors focused on disappointing Azure revenue, but management called for... Microsoft (MSFT) is expected to report earnings results for the second fiscal quarter after the market closes on Wednesday. The company’s stock was slightly down by about 0.6% at $444.06 per ... Microsoft's Intelligent Cloud business saw revenue increase 19% to $25.5 billion in fiscal Q2. Its Productivity and Business Processes unit posted a gain of 14% to $29.4 billion.
Option "straddles" on Microsoft's stock are priced for a slightly bigger-than-average one-day post-earnings move, and much less than the 6.1% move after last quarter's results. Microsoft's Intelligent Cloud business saw revenue increase 19% to $25.5 billion in fiscal Q2. Its Productivity and Business Processes unit posted a gain of 14% to $29.4 billion. Microsoft's annual AI revenue run rate reached $13 billion, as the company reported $69.6 billion in revenue for the December quarter, up 12%, with earnings of $3.23/share, topping Wall Street's ...
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