By Deborah Mary Sophia and Joel Jose (Reuters) -Investors punished Microsoft with a 4% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 2% ...

Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.

Securities adjusted its outlook on Microsoft Corporation (NASDAQ:MSFT), reducing the tech giant's price target from $510 to ...

Following the company's guidance, BofA Securities revised their estimates and reiterated their Buy rating and top pick status ...

Wall Street analysts largely maintained bullish views on IBM ( NYSE: IBM) after the tech giant's fourth-quarter results and outlook surpassed expectations. Shares of IBM jumped about 9% premarket on ...

Microsoft shares fell over 4% after Q2 results showed disappointing revenue forecast, but GAAP earnings beat estimates.

The chief executives of Microsoft and Meta defended their hefty investments on artificial intelligence, days after Chinese ...

Microsoft's AI business now generates $13B annually in revenue, up 175% YoY. Despite strong earnings, weak cloud forecasts sent shares down.

Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is clouded by persistent inflation worries that are being exacerbated by the ...

Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent ...

Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first ...

The meteoric rise of Chinese start-up DeepSeek may have shaken Wall Street's confidence in some favorite trades, but it’s unlikely to change the immediate outlook for the spending that has fueled the ...