Microsoft reports Q1 results with revenue up 16 pct

XinhuaNet

Summary

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Microsoft beat Wall Street estimates for first-quarter revenue on Wednesday as efforts to build out data center capacity and AI-driven demand boosted its cloud business.
CNA
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Sales from July through September hit $65.6 billion, up 16 percent from a year earlier.
The New York Times
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Microsoft on Wednesday reported a 11% increase in profit for the July-September quarter compared to the same time last year as investors looked for signs that the company’s huge spending on artificial intelligence is paying off
The Independent
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Shares of the Redmond, Washington-based company rose 1.3% in trading after market hours.
The Gazette

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updated 88:88

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