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Microsoft to spend record $30 billion this quarter

Meta, Microsoft roar higher on strong earnings as AI spending booms

Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions in capital expenditures.

The Mercury News · 3d

Meta, Microsoft face investor scrutiny over AI spending binge

Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of slowing.

Reuters on MSN · 3d

Microsoft to spend record $30 billion this quarter as AI investments pay off

Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming sales in its Azure cloud computing business showcased the growing returns on its massive bets on artificial intelligence.

1don MSN

Nvidia AI outlook shifts on Meta Platforms, Microsoft plans

Nvidia shares sold off sharply this spring, fueled by increased worry that spending on artificial intelligence infrastructure ...

2don MSN

Microsoft joins exclusive $4T market cap club after AI surge, joining only one other company

Nvidia welcomed Microsoft to the exclusive $4 trillion club as America's tech giants plow through growing demand for ...

2don MSN

Microsoft, Meta's AI-powered results lift Wall St futures to new highs

S&P 500 and Nasdaq futures climbed to record levels on Thursday, after blockbuster earnings from Meta and Microsoft signaled ...

Bisnow1d

Meta, Microsoft Gain Ground On Amazon As AI Arms Race Accelerates

Big Tech firms announced increased spending on AI data centers and growing revenues from AI in their earnings reports this ...

Wall Street Lunch: The Big Microsoft And Meta Moment

Microsoft's cloud and AI momentum is accelerating, with enterprises boosting AI budgets and Wall Street underestimating its ...

Microsoft Reaches $4 Trillion Market Value Amid AI Surge

Microsoft Corp. has become the second publicly traded company to cross the $4 trillion market capitalization mark.

24/7 Wall St.1d

Nvidia Will Hit $5 Trillion Before End of 2025 Because Microsoft and Meta Said This

Nvidia’s (NASDAQ:NVDA) ascent to a $4.3 trillion market capitalization has cemented its status as a titan in the tech world ...

Meta's earnings blowout has destroyed tech's AI concern: Opening Bid top takeaway

Meta delivered 22% revenue growth to $47.52 billion as AI investments fuel improved ad monetization. On the earnings call, co ...

Amazon, Apple, Meta and Microsoft earnings rise on AI as economy roils

Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on AI while navigating economic waters ...

Nasdaq futures jump as Microsoft and Meta shares pop following earnings

S&P 500 futures are up 0.4%. Dow Jones Industrial Average futures are jumping 1%. Nasdaq 100 futures are surging 1.4%. On Wednesday, the Dow Jones Industrial Average fell 172 points, or 0.38%, to ...

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