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
AI Chip Giants TSMC and SK Hynix Pull in Different Directions
TSMC soared while SK Hynix tumbled — why are are the two essential AI chip firms pulling in different directions? Tom Mackenzie explains. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: Get the latest in tech…
Bloomberg Technology
Lucid shares slide as EV maker hires restructuring adviser
Lucid Motors is working with restructuring advisers to turn around its struggling business, while dismissing rumors that it’s considering bankruptcy as “completely false.” Consultant AlixPartners has been engaged to examine all aspects of Lucid’s operations. The carmaker is aiming to optimize its business, cut costs and ensure that the rollout of a new mid-size vehicle…
Bloomberg Technology
Palantir Co-Founder Joe Lonsdale on the AI Investment Boom
AI is fueling a new era of venture investing. Joe Lonsdale, managing partner at 8VC and co-founder of Palantir, discusses the firm’s record $1.5 billion fund, why startup rounds are getting bigger, and where he’s placing his bets on the next generation of defense tech and AI companies. He joins Ed Ludlow on “Bloomberg Tech.”…
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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’.