Bloomberg Technology
Microsoft Sees Slower Growth for Its Cloud Business
Microsoft Corp. posted second-quarter sales and profit gains, but reported decelerating revenue for Azure cloud-computing services, raising concern among some investors that the pace of growth in that division has peaked. Shares slipped in late trading. Anurag Rana of Bloomberg Intelligence is on “Bloomberg Markets: The Close.”
Bloomberg Technology
Intel Rebuffs Arm, China Tech Stocks Soar | Bloomberg Technology
Bloomberg’s Caroline Hyde and Ed Ludlow break down Arm’s interest in Intel’s product division, only to have Intel turn down Arm’s advances, and China stocks in the US are set for their best week since 2022. Plus, “money is green” when it comes to database and nuclear build out according to US Energy Secretary Granholm,…
Bloomberg Technology
Apple’s iPhone 16 Receives a Lackluster Reception
Apple shares continue to outperform and avoid volatility despite growing concern around iPhone sales growth. Bloomberg Intelligence senior analyst Anurag Rana discusses a recent Bloomberg Intelligence survey showing that the iPhone 16 did not excite consumers enough to warrant a smartphone super cycle. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like…
Bloomberg Technology
China Stocks Set for Best Week Since 2022
Chinese equities capped their biggest weekly rally since 2008 with a burst of trading that overwhelmed the Shanghai stock exchange, underscoring a shift in investor sentiment after Beijing ramped up its economic stimulus. That shift was felt in Chinese stocks in the US as well, where they’re set for their best week since 2022. Fiona…
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mynameisforrest
January 26, 2022 at 12:30 am
Does not tell the whole story, the stock actually rose to 291 in the after hours trading
coke
January 26, 2022 at 1:12 am
they reported this right after the numbers came out. guidance wasnt until 5:30 est
Defending Troy
January 26, 2022 at 1:13 am
very interesting remarks.
after the price rebounded, the analyst comments,’despite the growth rate slows, investors are buying the growth rate of the cloud service’.