The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for tech stocks.

Group revenue for Microsoft’s fiscal second quarter ending in December rose 12 per cent from the previous year to a quarterly record of $69.6bn, beating analysts’ expectations for $68.9bn. Net income was up 10 per cent to $24.1bn, ahead of the average estimate of $23.5bn.

The UK antitrust regulator has singled out Microsoft for using its dominance in software to stifle rivals in the £9bn UK cloud services market, as the watchdog warned competition “is not working”.

The first in a projected three-volume memoir from the Microsoft founder offers a moving account of his early years

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Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in after-hours trading as investors worry about big spending, elusive artificial intelligence revenue and competition from cheaper AI models from China.

Overall Microsoft revenue rises again, with AI tools pushing it forward Annual revenue run rate for Microsoft's AI business is up 175% YoY Microsoft opened two new data center regions last quarter Microsoft revenue climbed a very healthy 12% year-over-year in the final three months of 2024,

TD Cowen analyst Derrick Wood has maintained their bullish stance on MSFT stock, giving a Buy rating today.Invest with Confidence: Follow

Microsoft spent $22.6bn on capital expenditure in the second quarter of the year, as mammoth spending on artificial intelligence persists. The Seattle-based group said in a blog post earlier this month that this fiscal year it would spend an estimated $80bn to build out the data centre infrastructure necessary to train AI models and deploy applications,

SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer. At the same time, the two companies are also partnering on a separate massive AI infrastructure project. Here to explain what all this says about SoftBank’s AI ambitions is the FT’s Arash Massoudi. Hi, Arash.

Investors have become overexposed to Nvidia and the rest of the ‘Mag 7’ — what lessons can they learn from this week’s stock rout?

OpenAI says it has found evidence that Chinese artificial intelligence start-up DeepSeek used the US company’s proprietary models to train its own open-source competitor, as concerns grow over a potential breach of intellectual property.