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29/10/2026
Alphabet (GOOG.O) executive: The cloud business has 18 product lines with annual sales exceeding $1 billion.
Latest
4 m ago
Microsoft (MSFT.O) Chief Financial Officer: Approximately 30% of the cloud business's remaining performance obligations (RPO) will be recognized as revenue within the next 12 months.
4 m ago
Microsoft (MSFT.O) CFO: About three-quarters of capital expenditures are for short-lived assets, primarily CPUs and GPUs, including higher memory and storage costs.
5 m ago
Microsoft (MSFT.O) CFO: First-quarter capital expenditures were lower than expected because some third-party capacity originally scheduled for delivery in the first quarter was delayed.
8 m ago
Microsoft (MSFT.O) CEO: Demand is accelerating, and the company will add 24 new data centers across five continents this quarter.
8 m ago
US Treasury Secretary Bessent said that although yields on some AI-related debt have risen to double digits, new cloud service providers account for a limited share of the overall AI industry, financing risks do not yet constitute a major problem, and related financing transactions are still proceeding, with companies such as Meta also beginning to raise funds through equity issuance. He also said that future Federal Reserve rate hikes would not necessarily constitute a policy error, and that an open mind should be maintained in assessing whether the energy shock is only temporarily pushing up inflation. Bessent also expects that after the US-Iran conflict ends, global oil supply will become ample, helping to ease inflation and lower borrowing costs.
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