Microsoft to report Q3 revenue as Wall Street looks for AI growth

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 48 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

Microsoft News

Microsoft,Ethan Miller

Microsoft will report its Q3 earnings after the bell Thursday, as investors look for AI growth.

) will report its fiscal third quarter earnings after the bell on Thursday, as Wall Street continues to look for signs that the AI explosion is more than just hype., Microsoft announced that its AI capabilities contributed 6 percentage points of growth to the company’s Azure revenue, up from 3% in the previous period, and analysts are looking for more.), which are up 15% and 22%, respectively.

In February, Microsoft announced a multiyear partnership with French AI startup Mistral that would allow Microsoft to offer the company’s models on its Azure platform.Here are four stocks that you can buy and hold for decades in your TFSA. The post TFSA: 4 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.These three Canadian stocks are highly reliable and have tremendous long-term growth potential, making them some of the best to buy now.

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles. The Austin, Texas, company said it made $1.13 billion from January through March compared with $2.51 billion in the same period a year ago. Investors and analysts were looking for some sign that Tesla will take steops to stem its stock's slide this year and grow sales.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines