Satya Nadella, CEO of Microsoft, spokesperson for the Squawk box in CNBC outside the World Economic Forum in Davos, Switzerland on January 22, 2025.
Jerry Miller CNBC
Microsoft The shares decreased by more than 6 % after issuing the current quarter -directions after the bell on Wednesday.
The software giant in the second quarter of Wall Street topped the estimates of the second quarter of Wall Street, as it published profits of $ 3.23 per share on revenue of $ 69.63 billion. This exceeded the profitability of the stock from $ 3.11 and 68.78 billion dollars by the LSEG analysts.
This decrease came as Microsoft Finance Amy Hood said that the company expects the revenues of the current quarter ranging from 67.7 billion dollars and 68.7 billion dollars, which is less than 69.78 billion dollars per LSEG. Revenue has grown by 12.3 % on an annual basis – the slowest growth since mid -2023.
Microsoft has also published a slowdown in growth in other cloud services revenues. The part increased by 31 %, a decrease from 33 % in the previous quarter.
Several Wall Street analysts have stood alongside the technology giant despite the disappointing guide and the slowdown of Azure. Goldman Sachs Cash Rangan analyst described the company as a “good place” to continue to benefit from the adoption of artificial intelligence and the “most investment opportunities” in the industry.
“Microsoft has proven that it can lead cloud works, and now they have shown that it can lead the largest business of Amnesty International through a group of high -quality GEN AI and GEN AI applications,” Bernstein Mark Mwireler wrote as an independent of artificial intelligence.
Microsoft shares decreased by 2 % during the Monday session as part of the sales of the broader technology sector. The decrease came when Wall Street evaluated the repercussions of Deepsic models of artificial intelligence. It is estimated that China’s emerging has trained its open source model on a small part of the costs of other competing American products.
The CEO of Microsoft Satya Nadella said during the profit call that the R1’s Deepseek is currently available through Github and Azure Ai Foundry. He said he will eventually be available on Copilot+ PCS.
Other technology shares witnessed strong gains during the trading session on Thursday against the background of profits. Definition platforms Nearly 4 % jump on strong results, while Timing It increased despite lost estimates and reporting a decrease in car revenues. IBM 14 % have emerged on strong results and prominent gains in her software work with artificial intelligence demand growth.
