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Xbox CEO Asha Sharma reshuffles leadership to revive Xbox amid revenue declines.

Market News
05 May 2026
CNBC
View Source
Bearish
pluang ai news

Asha Sharma, the new Xbox CEO, is appointing new leaders from Microsoft's CoreAI group and Instacart to address Xbox's recent revenue declines and improve product delivery speed. Xbox has faced revenue drops in four of the last six quarters, with competitors like Nintendo and Sony outselling its consoles. Sharma aims to bring fresh consumer and technical expertise to evolve Xbox's operations and regain market growth. Key executives from CoreAI and Instacart are joining Xbox, while some long-time Microsoft leaders are stepping down or taking leaves.

More News (MSFT)

Defiance Quantum ETF outperforms Invesco QQQ by focusing on equal-weighted advanced computing stocks.

Defiance Quantum ETF outperforms Invesco QQQ by focusing on equal-weighted advanced computing stocks.

Defiance Quantum ETF (QTUM) and Invesco QQQ Trust (QQQ) both offer exposure to future computing technologies but differ significantly. QQQ tracks the Nasdaq-100 with a market-cap weighted focus on mega-cap tech giants like NVIDIA, Microsoft, and Appl...

Market News
Bullish
4 hours ago
Microsoft's AI business hits $37B run-rate, driving strong growth and justifying high investment.

Microsoft's AI business hits $37B run-rate, driving strong growth and justifying high investment.

Microsoft is successfully monetizing AI at scale, achieving a $37 billion AI revenue run-rate driven by accelerating enterprise demand. The company's significant capital expenditure is justified by the need for AI infrastructure capacity and strong f...

Analyst Insights
Bullish
5 hours ago
Microsoft's revenue grows 18% to $82.9B, AI revenue doubles to $37B with Azure up 40%.

Microsoft's revenue grows 18% to $82.9B, AI revenue doubles to $37B with Azure up 40%.

Microsoft reported 18% revenue growth to $82.9 billion and a 20% rise in operating income to $38.4 billion, maintaining strong margins. Its Azure cloud business grew 40%, supported by a $627 billion backlog and high demand despite capacity limits. AI...

Market News
Bullish
5 hours ago
Howard Marks warns AI stock buyers are speculating, not investing, amid high valuations and uncertain profits.

Howard Marks warns AI stock buyers are speculating, not investing, amid high valuations and uncertain profits.

Howard Marks of Oaktree Capital cautions that many AI-related stocks are more speculative than investors realize, as their valuations rely on uncertain future profits rather than predictable cash flows. He highlights that while large tech companies l...

Market News
Neutral
6 hours ago
Frost & Sullivan honors 50 companies for innovation and sustainability in 2026 Visionary Growth Leadership awards.

Frost & Sullivan honors 50 companies for innovation and sustainability in 2026 Visionary Growth Leadership awards.

The Frost & Sullivan Institute has recognized 50 leading companies with the 2026 Visionary Growth Leadership Best Practices Recognition for embedding innovation, measurable impact, and sustainability into their growth strategies. These companies, inc...

Market News
Bullish
20 hours ago
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