Microsoft stock drops in premarket after record AI spend puts Azure payoff in focus
Microsoft shares slipped 5.7% to roughly $454 in premarket Thursday, rattled by concerns over the rising expenses tied to its AI strategy following the…
Artificial Intelligence
Microsoft shares slipped 5.7% to roughly $454 in premarket Thursday, rattled by concerns over the rising expenses tied to its AI strategy following the latest quarterly report. The stock had closed Wednesday slightly higher,…
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Microsoft shares slipped 5.7% to roughly $454 in premarket Thursday, rattled by concerns over the rising expenses tied to its AI strategy following the…
Shares of Meta Platforms jumped nearly 7% in early Frankfurt trading Thursday, following the company’s forecast of first-quarter revenue that outpaced Wall Street estimates.…
Caterpillar Inc shares closed Wednesday up roughly 0.7%, finishing at $643.28. Throughout the day, the stock fluctuated between $629.39 and $646.84, with around 2.7…
Mastercard Incorporated shares ticked up slightly in after-hours trading Wednesday, shortly after the 4 p.m. ET close, as investors braced for its quarterly report.…
Advanced Micro Devices shares climbed 0.3% to $252.74 in late after-hours Wednesday. Nvidia rose 1.6%, while Intel surged roughly 11%.
Shares of Seagate Technology Holdings plc jumped 19% to $442.93 in after-hours trading Wednesday, briefly climbing to $456.70 as investors rushed in on the…
Broadcom Inc shares saw minimal movement in after-hours trading Wednesday, as chip stocks gained on fresh optimism about expanding AI data center investment. The…
Microsoft shares dipped in after-hours trading Wednesday following the company's report of record quarterly capital expenditures and a modest beat in Azure cloud growth,…
Microsoft Corp shares gained 0.2% to $481.63 in after-hours trading Wednesday, rebounding from a steep drop that at one point wiped out more than…
Meta Platforms on Wednesday forecast 2026 capital spending of $115 billion to $135 billion as it ramps up an artificial intelligence push it calls…
IBM shares jumped in after-hours trading Wednesday following the release of its fourth-quarter results. At 5:00 p.m. ET, the stock stood at $317, marking…
Amazon said on Wednesday it will cut about 16,000 corporate jobs, extending a restructuring that has already thinned its office ranks since October.
Meta forecast annual capital spending of $115 billion to $135 billion in 2026 on Wednesday, stepping up its push into artificial intelligence and putting…
Microsoft just edged past expectations for Azure cloud growth in its fiscal second quarter, but the stock dropped over 7% in after-hours trading following…
IBM topped Wall Street forecasts for fourth-quarter revenue and profit on Wednesday, driven by increased demand for software that supports building and operating artificial…
The Federal Reserve held interest rates steady on Wednesday and said inflation remained “somewhat elevated,” keeping investors guessing on when — or if —…