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
Tesla Plans Additional $25 Billion in Spending | Bloomberg Tech 4/23/2026
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Tesla’s plans to spend an additional $25 billion this year to support Elon Musk’s AI ambitions. Plus, Intel shares jump after the company pledges to support Musk’s advanced chip manufacturing project, Terafab. And, Lyft CEO David Risher discusses the company’s international growth plans as the ride-hailing firm buys…
Bloomberg Technology
Tesla Sales Helped by High Gas Prices
Tesla says rising gas prices have boosted interest in its electric vehicles. The surprisingly optimistic comments came weeks after the automaker reported lower-than-expected car sales to start the year and as it pivots its focus to AI and robotics. Jessica Caldwell, head of insights at Edmunds, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”…
Bloomberg Technology
SpaceX Tapped for Group Developing Golden Dome Software
SpaceX is part of a group of companies developing the operating system underpinning President Donald Trump’s Golden Dome initiative, according to sources. It is an expansion of the role Elon Musk’s company is playing in the US missile defense shield. Bloomberg’s Michael Shepard joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this…
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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’.