Microsoft earnings eyed as AI race gathers speed – Stock Markets

Category: Business

Microsoft is set to announce its Q4 earnings on July 30, with expectations of a revenue increase to $64.24 billion, driven by AI investments and cloud services. However, earnings per share may show a slowdown in profitability due to increased spending on AI infrastructure. The focus will be on the performance of its Azure cloud unit and overall demand for its products, as any signs of waning demand could impact stock prices significantly.

Keywords: Microsoft, Q4 earnings, AI investments

Source: XM

Update At: 7/19/2024

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