Microsoft Shares Slide as Cloud Forecast, AI Spending Disappoint

Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5 percent in after-hours trading as investors worry about big spending, elusive artificial intelligence revenue and competition from cheaper AI models from China.Azure results for…

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Lilly shares on track for worst day since 2021 after downbeat Zepbound sales forecast 

Business & Finance14 January 2025, 2:12 pm 1 minute Reuters was two-and-a-half minutes ahead of rivals on Eli Lilly’s unscheduled trading update, which showed fourth-quarter sales of its weight-loss drug…

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EA Revises Revenue Forecast After EA Sports FC 25, Dragon Age: The Veilguard Sales Disappoint

Electronic Arts shares sank more than 15 percent on Thursday, tripped up by a surprise slowdown in spending on the soccer franchise that has shaped its gaming empire.The videogame maker…

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