News list for " cloud business"
On October 30th, Google's parent company Alphabet (GOOG. O) announced its third-quarter results, with revenue rising 16% year-on-year to a record $102.30 billion, beating analysts' expectations. Thanks to the growth of its digital advertising and cloud computing business, the company has provided ample funds for large-scale artificial intelligence investments. Net profit was about $35 billion, up 33% year-on-year. The company's shares rose about 7% at one point in after-hours trading. Like other...
Google parent company Alphabet (GOOG. O) reported third-quarter results, with revenue rising 16% year-on-year to a record $102.30 billion, beating analysts' expectations. Thanks to the growth of its digital advertising and cloud computing businesses, the company has well-funded a large-scale artificial intelligence investment. Net profit was about $35 billion, up 33% year-on-year. The company's shares rose about 7% at one point in after-hours trading. Like other tech giants, Google is investing ...
Microsoft (MSFT. O): Q2 intelligent cloud business revenue in fiscal 2025 was $25.50 billion, compared with $25.88 billion in the same period last year, and the market is expected to be $25.98 billion.
On November 15th, according to the British Financial Times, the US FTC (FTC) will launch an investigation into anti-competitive practices in Microsoft's cloud computing business, focusing on allegations that Microsoft has abused its market power in the productivity software market. The specific means under investigation include raising subscription fees for customers who leave, charging high exit fees, and making Office 365 products incompatible with competitors' cloud platforms. The move shows ...
Microsoft (MSFT. O) in fiscal year 2024 Q4 cloud business revenue 36.80 billion billion U.S. dollars, the market is expected to 36.84 billion dollars.
On July 31st, Microsoft (MSFT. O) 's Q4 cloud business revenue for fiscal year 2024 was $36.80 billion, the market expected $36.84 billion, the intelligent cloud business revenue was $28.50 billion, and the market expected $28.72 billion. Analyst Sebastian Boyd said Microsoft fell more than 7% after hours after the company reported earnings per share slightly above market expectations of 0.4%, while long-awaited cloud computing revenue was slightly below market expectations of 0.1%. Now the audi...
Alphabet (GOOGL. O) second quarter Google cloud business revenue of $10.35 billion, the market expectations of $10.09 billion, the same period last year $8.031 billion.
According to Business Insider, Microsoft has laid off hundreds of employees in its Azure cloud business.
