This Week Health
SOAR 2024 Bluebird Leaders This Week HealthAlex's Lemonade Stand This Week Health
SUBSCRIBE NOW to receive top 7 stories daily to your inbox
<--  All Stories

Microsoft profit soars 33% on AI, cloud-computing investments

February 4, 2024
Yahoo News
"Microsoft Q4 profit rocketed 33% due to AI, cloud-computing investments, primarily in cloud-computing unit. Net income was $21.87 billion, exceeding expected $2.79/share. Revenue surged 18% to $62.02 billion, surpassing predictions. Microsoft’s expected ad revenue growth is 12%, potentially adding $14.93 billion in worldwide ad revenues. The results include Activision Blizzard's finances, acquired for $69 billion. The merger increased revenue growth by four points but trimmed operating profits by $440 million. Despite initial share drop, analysts believe investors are worried about Microsoft's aggressive investment plans."
Transform Healthcare - One Connection at a Time

© Copyright 2024 Health Lyrics All rights reserved