Microsoft sends shockwaves through tech sector after signaling AI payoff will take longer
Briefly

from New York Post6 months ago
Microsoft forecast Azure growth below estimates, plans increased spending, emphasizing longer AI investment payoff.
New York Posthttps://nypost.com/2024/07/30/business/microsoft-sends-shockwaves-through-tech-sector-after-signaling-ai-payoff-will-take-longer/
Investors show impatience as tech giants spend billions on AI infrastructure, expecting significant short-term revenue growth.
New York Posthttps://nypost.com/2024/07/30/business/microsoft-sends-shockwaves-through-tech-sector-after-signaling-ai-payoff-will-take-longer/
If companies fail to exceed estimates, they face repercussions in stock performance, emphasizing the pressure to deliver exceptional results.
New York Posthttps://nypost.com/2024/07/30/business/microsoft-sends-shockwaves-through-tech-sector-after-signaling-ai-payoff-will-take-longer/
Despite Microsoft's recent share growth, a 10% dip due to market selloff attributed to disappointing results from other major companies like Tesla and Alphabet.
New York Posthttps://nypost.com/2024/07/30/business/microsoft-sends-shockwaves-through-tech-sector-after-signaling-ai-payoff-will-take-longer/
Read at New York Post
#microsoft #azure-cloud-platform #ai-investments #revenue-growth
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