30 Apr 2026
The trillion-dollar question: Is tech’s massive AI spending actually working?
A frenzied day of earnings reports offered a glimpse at how some of the world’s biggest tech companies are doing in artificial intelligence. The upshot: Alphabet Inc.’s Google is seeing a clear payoff from its AI spending, while Meta Platforms Inc. is lagging behind.
30 Apr 2026
Microsoft, Meta, and Google just announced billions more in AI spending—and only one got punished
Microsoft, Meta Platforms, and Google parent Alphabet announced billions in increased AI spending, with only Meta’s stock dropping more than 6% after hours. Alphabet’s Google Cloud saw record revenue growth of 63% year-over-year, while Meta’s CEO Mark Zuckerberg faced investor skepticism on AI ROI.
29 Apr 2026
Microsoft Expects Headcount to Decrease in Coming Quarters
Microsoft reported quarterly results on Wednesday. The company said it expects headcount to decrease in its next fiscal year. Microsoft stock suffered its worst quarterly stock performance since 2008 earlier this year. Microsoft expects headcount to decrease in coming quarters, CFO Amy Hood said during an earnings conference call with analysts on Wednesday.
29 Apr 2026
Microsoft reports sinking Xbox revenue as its cloud business climbs
Xbox hardware revenue took a 33 percent hit, even as Microsoft raked in $82.9 billion. Microsoft’s Xbox hardware revenue continues to tumble, with a 33 percent decline reported in its earnings. Despite this, Microsoft’s cloud and productivity businesses are thriving, driving revenue growth.
29 Apr 2026
Internal Microsoft CFO Memo Touts 'Increased Pace' and 'Tighter' Teams
Microsoft Chief Financial Officer Amy Hood sent an internal memo to employees thanking them for 'increased pace.' The company has introduced sweeping organizational shifts and mandates to work faster and leaner, highlighting 'increased pace' and 'tighter, more accountable squads.' The latest memo called out Microsoft cloud revenue at $54.5 billion for the quarter and AI revenue, which Hood said…
29 Apr 2026
Microsoft's earnings report lands after stock's worst quarterly performance since 2008
Microsoft shares slipped 1% on Wednesday after the software maker reported more robust fiscal third-quarter results than analysts had expected. Earnings per share: $4.27 adjusted vs. $4.06 expected. Revenue: $82.89 billion vs. $81.39 billion expected. Microsoft's revenue grew 18% year over year in the quarter, ending March 31.
29 Apr 2026
OpenAI’s subtle drift from Microsoft has become an aggressive move toward Amazon
OpenAI’s revenue chief Denise Dresser clarified that the company’s agreement to make its models available on Amazon Web Services (AWS) was unrelated to its restructuring of its relationship with Microsoft. Since late October, OpenAI has been expanding its partnerships with AWS, committing $38 billion and later $50 billion in investments, while Microsoft’s exclusive cloud provider role with OpenAI…
29 Apr 2026
The Stock Market's Most Important Day of the Quarter Has Arrived
The five largest AI hyperscalers -- Alphabet (GOOGL), Amazon (AMZN), Meta Platforms (META), Microsoft (MSFT), and Oracle -- reported about $414 billion in capital expenditures last year, up 70% from the prior year. Those companies expect capital expenditures to climb nearly 70% to $700 billion this year. Investors will get insight into customer adoption of AI software and services today as four…
