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Home > Latest

Lates News

date
01/05/2025
Stifel: Maintains ArcBest's (ARCB.US) rating at buy, adjusted from strong buy to buy, target price adjusted from $102.00 to $83.00.
Latest
2 m ago
Microsoft's quarterly performance exceeded expectations, driven by strong expansion in the cloud computing department.
2 m ago
Microsoft's quarterly sales and profits, which were better than expected, indicate that customer demand has not been affected by tariffs and broader economic uncertainty. In a statement released on Wednesday, Microsoft reported a 13% increase in total revenue to $70.1 billion and an adjusted earnings per share of $3.46. Analysts had previously expected revenue of $68.5 billion and adjusted earnings per share of $3.21. Revenue from Azure cloud computing services grew by 33%, exceeding Wall Street's expectations. As the world's largest software developer, Microsoft is considered a leader in the commercialization of artificial intelligence products, thanks to its close collaboration with ChatGPT developer OpenAI. In addition to providing computing infrastructure, Microsoft has also introduced artificial intelligence assistants in applications such as Office and Excel. Due to market sell-offs, the company's stock price has fallen by about 6% so far this year as of Wednesday's closing.
5 m ago
Microsoft executive: In the third quarter, the contribution of artificial intelligence to the growth of Azure increased from 13 percentage points in the second quarter to 16 percentage points.
9 m ago
White House National Economic Council Director Hassett: We would not be surprised if GDP data is revised.
9 m ago
Yabao Company: Although the overall economic impact of the recently announced tariffs is not yet clear, we benefit from the current tariff exemptions for key minerals.
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