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Microsoft profit beats estimates on strong cloud performance

The Straits Times LogoThe Straits Times4d ago

Microsoft profit beats estimates on strong cloud performance - The Straits Times

Quick Summary:

January 25, 2023 7:28 AM - The upbeat results from Microsoft will likely allay fears of a meltdown in the tech industry.

The upbeat results from Microsoft will likely allay fears of a meltdown in the tech industry.

Azure could get a boost from cloud spending from the growth of artificial intelligence.“There’s a variety of ways that we can bring that technology either in specific offerings or to improve existing offerings,” said Brett Iversen, Microsoft’s head of investor relations, referring to OpenAI, in which the company is investing heavily.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-25 @ 07:28:43 (4 days ago)

News Timezone: GMT +8:00

Ranking: #1560 (out of 5325 stories this day)

News Source URL: straitstimes.com

Language: English

Article Length: 602 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 4747163

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About The Straits Times

The Straits Times Logo

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 7 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 5 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

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  • URL: https://beamstart.com/news/microsoft-profit-beats-estimates-on-16746036522635

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