Tag: microsoft stock

Microsoft stock trades near $518 as investors watch for a possible 10th share split. (REUTERS)
Posted in Business

Microsoft stock at $518: Why a 10th share split may not happen anytime soon

Microsoft shares were trading near $518. This is less than 5% below its record closing price of $542, which it reached in October last year….

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Microsoft's $41 billion AI investment boosts Azure growth, beats earnings estimates and lifts investor confidence as cloud demand continues to rise. (Photographer: David Paul Morris/Bloomberg) (Bloomberg)
Posted in Business

Microsoft’s $41B AI spending drives Azure growth and beats expectations

Microsoft reported strong quarterly earnings as its heavy spending on artificial intelligence (AI) infrastructure started showing results, with faster growth in its Azure cloud business….

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