{"id":10913,"date":"2023-07-25T23:38:23","date_gmt":"2023-07-25T21:38:23","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/07\/25\/microsoft-shares-fall-after-earnings-report-even-as-ai-bet-bears-fruit\/"},"modified":"2023-07-25T23:38:23","modified_gmt":"2023-07-25T21:38:23","slug":"microsoft-shares-fall-after-earnings-report-even-as-ai-bet-bears-fruit","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/07\/25\/microsoft-shares-fall-after-earnings-report-even-as-ai-bet-bears-fruit\/","title":{"rendered":"Microsoft shares fall after earnings report even as AI bet bears fruit"},"content":{"rendered":"

Company\u2019s $56.2bn revenue beat Wall Street expectations but slowing growth for cloud service Azure proved to be a dampener<\/p>\n

Microsoft shares fell on Tuesday as the company reported a slowdown in growth of parts of its business, despite the company\u2019s various investments in AI including its partnerships with OpenAI and Meta.<\/p>\n

The tech firm beat Wall Street expectations with $56.2bn in revenue, but its latest earnings report showed slowing revenue growth for its cloud service Azure. Revenue from Azure only grew 26% in the fourth quarter of the year, compared with 27% in the previous quarter.<\/p>\n

Continue reading…<\/a>
\nCompany\u2019s $56.2bn revenue beat Wall Street expectations but slowing growth for cloud service Azure proved to be a dampener
\nMicrosoft shares fell on Tuesday as the company reported a slowdown in growth of parts of its business, despite the company\u2019s various investments in AI including its partnerships with OpenAI and Meta.
\nThe tech firm beat Wall Street expectations with $56.2bn in revenue, but its latest earnings report showed slowing revenue growth for its cloud service Azure. Revenue from Azure only grew 26% in the fourth quarter of the year, compared with 27% in the previous quarter. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Company\u2019s $56.2bn revenue beat Wall Street expectations but slowing growth for cloud service Azure proved to be a dampener Microsoft shares fell on Tuesday as the company reported a slowdown in growth of parts of its business, despite the company\u2019s various investments in AI including its partnerships with OpenAI and Meta. The tech firm beat …<\/p>\n

Microsoft shares fall after earnings report even as AI bet bears fruit<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":10914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10913"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=10913"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10913\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/10914"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=10913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=10913"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=10913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}