Browsing: quarterly earnings

Microsoft Corp.’s shares rose after the company reported better-than-expected quarterly sales and profit growth, driven by steady demand for cloud services despite economic challenges.

Microsoft’s cloud computing and AI business drives $70.1 billion in sales, beating Wall Street expectations

Microsoft’s cloud computing and AI business helped the company achieve $70.1 billion in sales and an 18% profit boost for the January-March quarter.

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.

Microsoft reported an 18% increase in profits for the January-March quarter, driven by growth in cloud computing and artificial intelligence despite turbulence in the tech sector.