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Microsoft beats expectations, but AI concerns force shares down
![Energy Daily]()
Thursday, 31 October 2024
![Microsoft beats expectations, but AI concerns force shares down]() San Francisco (AFP) Oct 30, 2024
Microsoft delivered solid quarterly results on Wednesday, beating analyst expectations with revenue jumping 16 percent to $65.6 billion, but questions were raised about the company's big spending on the AI boom. The tech giant reported net income of $24.7 billion for the quarter ending September 30, marking an 11-percent increase from the same period last year. Earnings per share rose 10 per
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Thursday, 31 October 2024
San Francisco (AFP) Oct 30, 2024