Microsoft suffered a significant loss of 357 billion dollars in its market capitalization, reaching 3.22 trillion dollars, after its shares fell by 10% following a profit report that did not meet investors' expectations. Analyst Ben Reitzes emphasized the need for Microsoft to build data centers more quickly, while CFO Amy Hood mentioned that cloud results would have been better with a greater allocation of infrastructure for clients. Additionally, UBS analysts questioned Microsoft's strategy regarding computing capacity for artificial intelligence products, while Bernstein analysts supported management's decisions, arguing that they are beneficial in the long term. Microsoft has requested a slight reduction in capital expenditures in the current quarter, in the context where investors expect an improvement in financial performance.
Sources
Latest News
17:45
The Electrica Group has signed the contract for the construction of a cogeneration plant in Craiova, which will provide thermal and electric energy.
17:41
Germany and other countries are demanding a more austere EU budget, with cuts of hundreds of billions of euros compared to the European Commission's proposal.
17:37
Serious accident in Cișmigiu: A young woman suffered serious injuries after a rotten tree fell on her
17:32
Diana Buzoianu accuses PSD of wanting to dissolve the parties in Romania with the help of AEP
17:26
Paolo Zampolli, the special envoy of the US president, praised the "Donald Trump" Park project in Sector 4.
See more news