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Tag: corpearnings

Microsoft Earnings Growth Accelerates on Stronger-Than-Expected Cloud Demand
25Oct By adminNo Comments
Technology

Microsoft Earnings Growth Accelerates on Stronger-Than-Expected Cloud Demand

Updated Oct. 24, 2023 7:23 pm ETMicrosoft’s sales growth accelerated last quarter as demand for its cloud computing services heated up amid growing enthusiasm about artificial intelligence. The company reported Tuesday that its revenue grew 13% to $56.5 billion for the quarter through September. That was above analysts’ expectations and a step up from growth of 11% during the year-earlier period.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Microsoft Earnings Growth Accelerates on Stronger-Than-Expected Cloud Demand
24Oct By adminNo Comments
World

Microsoft Earnings Growth Accelerates on Stronger-Than-Expected Cloud Demand

Updated Oct. 24, 2023 4:38 pm ETMicrosoft’s sales growth accelerated last quarter as demand for its cloud computing services warmed amid growing enthusiasm about artificial intelligence. The company reported Tuesday that its revenue grew 13% to $56.5 billion for the quarter through September. That was above analysts’ expectations and a step up from growth of 11% during year-earlier period.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Tesla’s Earnings Fall as Price Cuts Weigh on Profits
18Oct By adminNo Comments
World

Tesla’s Earnings Fall as Price Cuts Weigh on Profits

Updated Oct. 18, 2023 7:26 pm ETChief Executive Elon Musk warned Wednesday that Tesla would face “enormous challenges” scaling up factory production of its long-delayed Cybertruck, signaling profits could remain under pressure in the coming quarters. The electric-car maker reported a 44% decline in third quarter net income Wednesday, a steeper drop than Wall Street had expected, as price cuts across the company’s lineup continued to take a toll on the bottom line. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Amazon reported quarterly profit that trounced expectations, capping earnings reports from tech giants that showed improving health in areas from online retail to digital advertising after a stretch of slowing growth and mass layoffs.
4Aug By adminNo Comments
World

Amazon reported quarterly profit that trounced expectations, capping earnings reports from tech giants that showed improving health in areas from online retail to digital advertising after a stretch of slowing growth and mass layoffs.

Amazon reported quarterly profit that trounced expectations, capping earnings reports from tech giants that showed improving health in areas from online retail to digital advertising after a stretch of slowing growth and mass layoffs.
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