Microsoft is set to report its fiscal Q4 results with analysts expecting $4.24 EPS and $87.62 billion revenue, marking 14.6% year-over-year growth. Investors are watching for any increase in capital spending forecasts following Alphabet's recent $15 billion boost, especially given Microsoft's significant investment in AI through OpenAI. Azure cloud growth is also a key focus, with analysts predicting around 40% growth. Despite a 19% drop in Microsoft shares this year due to AI disruption fears, the company introduced a cost-efficient AI coding model and made strategic leadership changes at LinkedIn during the quarter.
The UK Competition and Markets Authority (CMA) is investigating Microsoft for potentially misleading customers about pricing changes in its Microsoft 365 Personal and Family subscription plans. The probe focuses on whether Microsoft provided clear in...
Microsoft is set to report its fiscal fourth-quarter results with significant attention on its capital expenditures, particularly its investments in AI infrastructure. Analysts from Bank of America highlight that AI execution, Azure growth, and adopt...
The FTSE 100 reached a new intraday high above 10,945, driven by strong earnings from companies like Standard Chartered, Reckitt Benckiser, and Rio Tinto, which also announced increased dividends and share buybacks. Rising oil prices, fueled by renew...
JPMorgan BetaBuilders U.S. Equity ETF (BBUS) now offers a 0.02% expense ratio, slightly cheaper than Vanguard's Total Stock Market ETF (VTI). BBUS tracks the top 85% of the U.S. equity market by capitalization, focusing on large- and mid-cap stocks a...
HTX successfully concluded its first TradFi "Trade to Earn" campaign, generating 63.37 million USDT in trading volume and distributing over 23,000 USDT in rewards while saving users 22,238 USDT in fees. The campaign featured innovative 24/7 mining an...
