Microsoft (MSFT), and Meta Platforms (META) reported earnings after Wednesday's closing bell, as investors weigh which Big Tech giant is best positioned for artificial intelligence (AI) gains. Procyon senior private wealth advisor Jerry Sneed sits down with Brad Smith to outline his thoughts on Tesla,
Microsoft (MSFT) shares are trading lower after the tech giant's cloud revenue missed, overshadowing its earnings beat. The earnings report comes just after China's DeepSeek announced a new model raising concerns about US companies' ability to compete.
Microsoft, CoreWeave, the NJEDA, and Princeton University are founding equity partners in the newly created NJ AI Hub. Together, they expect to invest over $72 million to support the long-term success of the Hub, including up to $25 million of non-binding commitment from the NJEDA.
At the end of 2023, the state of New Jersey and Princeton University announced plans to establish an AI Hub in collaboration with the New Jersey Economic Development Authority (NJEDA) to drive regional job growth and advance AI developments. Now, Microsoft and Coreweave are joining in on the venture.
Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud computing business. Microsoft revenue grew to $69.6 billion and the amount of money taken in by its "intelligence cloud" unit climbed to $25.
Microsoft (MSFT), and Tesla (TSLA) — will release their earnings results after the market closes on Wednesday. Investors are particularly focused on how artificial intelligence investments are driving revenue growth at these companies,
MSFT beats second-quarter fiscal 2025 earnings and revenue estimates but offers downbeat guidance for the third quarter.
Microsoft vice chair and president Brad Smith breaks down how the company plans to invest in artificial intelligence during an appearance on ‘Mornings with Maria.’
Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud computing business. Microsoft revenue grew to $69.6 billion and the amount of money taken in by its "intelligence cloud" unit climbed to $25.
Chris Young, Microsoft's head of of business development and its venture unit, M12, resigned from his role on Wednesday, the company said.
Microsoft (MSFT) is scheduled to report results of the second quarter of its fiscal year 2025 after the market close on Wednesday, January 29,
The fourth-quarter earnings season is underway, and the so-called “Magnificent 7" companies are in focus. The “Mag 7,” the stock market darlings, have soared on the AI craze. The seven stocks are Apple AAPL,