Microsoft beats Wall Street expectations, shares soar on robust Azure growth
by @cityam
@cityam— Microsoft outpaced expectations for its third-quarter revenue and profit, unveiled on Thursday. This success was largely fueled by the integration of artificial intelligence (AI) across its cloud services, propelling its shares to surge by more than 4 per cent during extended trading.
Fox Business—Apple sales fall less than expected, beating Wall Street estimates. Apple, Inc. posted a year-over-year decline in revenue in its fiscal second-quarter earnings report after the bell on Thursday but still beat Wall Street's expectations. The tech giant's sales fell 4.3% from the prior year, coming in at $90.75 billion. Analysts anticipated $90.01 billion. IPhone sales fell 10.5% to $45.96 billion, in line with expectations. Apple executives said in February the previous year's fiscal second quarter had benefited from a $5 billion surge in iPhone sales as the...
CNBC—Pinterest shares soar 16% on earnings beat, strong revenue growth. Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.
CNBC—Snap shares soar 23% as company beats on earnings, shows strong revenue growth. Snap reported first-quarter results that beat analysts' estimates