Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.
Microsoft shares dropped 5 per cent, while Meta was up 2 per cent after their October-December Q1 results, both companies posted profits, according to AP reports.
Analyst Keith Bachman of BMO Capital reiterated a Buy rating on Microsoft (MSFT – Research Report), reducing the price target to $490.00.Invest ...
The tech giants vow to barrel ahead despite the jolt from China’s DeepSeek.
Microsoft Corporation (NASDAQ:MSFT), with its impressive $3.29 trillion market capitalization, continues to solidify its position as a leader in the technology sector, with its cloud computing ...
Microsoft has tested Wall Street's patience by plunking down huge amounts of cash in pursuit of profits from AI that have yet ...
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it ...
Microsoft (MSFT) late Wednesday reported stronger-than-expected fiscal second-quarter results as the technology giant said demand for artificial intelligence helped boost its performance. Per-share ...
The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for ...
According to data from the U.S. Congressional Budget Office, the federal government is staring down a $1.9 trillion deficit ...
A new report says advanced artificial intelligence systems have the potential to create extreme new risks, such as fueling ...
DeepSeek, a Hangzhou-based startup founded in 2023, shot to the top of Apple’s App Store free app chart after releasing a new ...