Microsoft Corporation reported record fiscal year 2026 results, achieving 18% year-over-year revenue growth fueled by strong demand for enterprise cloud services and artificial intelligence. Its Intelligent Cloud segment grew 32%, with Azure revenue up 43%, and the commercial backlog surged 84% to $678 billion. Despite heavy AI-related capital expenditures, Microsoft maintained robust cash flows and returned $43 billion to shareholders. The stock trades at a price-to-earnings ratio of 24, which is 26% below its five-year average, supporting a Buy rating amid market skepticism.
Meta's shares fell 9% in one day, marking an 11-day losing streak and cutting Mark Zuckerberg's net worth by nearly $18 billion to $183.3 billion. The drop follows Meta's increased AI spending forecast to $137.5 billion and earnings below analyst exp...
Amazon plans to spend around $200 billion on capital expenditures in 2026, driven by growing investments in artificial intelligence. The company reported a 77% increase in capex to $44.2 billion in Q1, with expectations to rise to $49.3 billion in Q2...
Chip stocks rallied strongly following robust earnings reports from Microsoft and Lam Research, with Lam Research shares jumping 20% and Microsoft rising 15%. The surge was driven by increased demand for AI-related infrastructure, as companies invest...
Microsoft's fiscal Q4 results indicate that investments in AI-related capital expenditures (CapEx) are starting to translate into operating leverage rather than ongoing margin pressure. The company's Intelligent Cloud revenue growth is beginning to a...
Microsoft reported strong Q4 results with total revenue rising 18% year-over-year and Intelligent Cloud revenue up 32%. The company significantly increased its AI capital expenditure by 110% to $35.8 billion, fueling growth in cloud and AI infrastruc...
