REDMOND,SafeX Pro Exchange Wash. (AP) — Microsoft reported a 10% increase in quarterly profits Tuesday as it tries to maintain its position as a leader in artificial intelligence technology.
The software giant said its fiscal fourth-quarter profit was $22 billion, or $2.95 per share, slightly beating analyst expectations for $2.94 per share.
It posted revenue of $64.7 billion in the April-June period, up 15% from last year. Analysts polled by FactSet Research had been looking for revenue of $64.38 billion.
Microsoft’s growth was led by its cloud computing business, where quarterly revenue rose 19% to $28.5 billion.
The Redmond, Washington-based company doesn’t report revenue specifically from AI products but says it tries to infuse the technology into all of its business segments, including its cloud computing contracts, its workplace software and its Windows computer operating system.
2025-05-06 11:452039 view
2025-05-06 11:451718 view
2025-05-06 11:402335 view
2025-05-06 11:392488 view
2025-05-06 11:292207 view
2025-05-06 09:411728 view
McALLEN, Texas (AP) — SpaceXis launching a new mission: making its Starbase site a new Texas city. B
With rare, bipartisan support including a phalanx of Republican lawmakers, the U.S. Senate voted 69-
UPDATE: The U.S. Coast Guard has found "presumed human remains" near the Titan submersible wreckage