Microsoft, layoffs
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Shares of Meta and Microsoft surged Thursday after earnings for two of the U.S.’ handful of trillion-dollar companies came in well above expectations, kicking off a crucial week for on-edge big technology stocks as tariffs complicated investor appetite for artificial intelligence-driven growth.
Microsoft began laying off about 6,000 workers Tuesday, nearly 3% of its entire workforce and its largest job cuts in more than two years as the company spends heavily on artificial intelligence.
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The company beat Wall Street forecasts for sales and profits and said its $80 billion data center build continues
Microsoft announced its third quarter earnings after the bell on Wednesday, beating expectations on the top and bottom lines on the strength of its cloud performance. Shares of Mi
On a positive note, in late-April Microsoft announced higher-than-anticipated earnings in the first quarter of 2025, bringing in $70.1 billion in revenue and $25.8 billion in net income, driven by the corporation's Azure cloud business. The company also shared an "upbeat forecast" for the rest of the year.
Microsoft Corporation (NASDAQ: MSFT) stock shot up more than 10% in early trading the day after it delivered third quarter 2025 earnings that can rightly be described as a home run. The move in ...
Shares of Meta and Microsoft soared in premarket trading after the companies reported earnings. Will Apple and Amazon do the same?
Nvidia-backed AI data center company CoreWeave reports earnings for the first time since its volatile public debut in March.
AWS, Google Cloud and Microsoft Azure earnings for Q1 2025 for sales growth, revenue, global cloud market share and operating income.
The layoffs, which will affect almost 2,000 workers in Washington state, are meant in part to strip away layers of management and create more nimble teams.