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Microsoft beats quarterly revenue estimates as AI shift bolsters cloud demand

Channel News Asia LogoChannel News Asia6h ago

Microsoft beats quarterly revenue estimates as AI shift bolsters cloud demand - Channel News Asia

Quick Summary:

Microsoft topped market estimates for quarterly revenue on Wednesday, boosted by steady demand for its cloud services as businesses ramped up spending on artificial-intelligence tools.

Shares of the tech giant rose more than 6 per cent in extended trading.

Microsoft Vice Chair and President Brad Smith addresses a keynote in Brussels, Belgium April 30, 2025.


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Microsoft beats quarterly revenue estimates as AI shift bolsters cloud demand - Channel News Asia (Picture 1)Microsoft beats quarterly revenue estimates as AI shift bolsters cloud demand - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 04:06:06 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 356 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 28303072

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 75 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

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The story "Microsoft beats quarterly revenue estimates as AI shift bolsters cloud demand" was covered 6 hours ago by Channel News Asia, a news publisher based in Singapore.

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The outlet is headquartered in Singapore and publishes an average of 75 news stories per day.

It's most recent story was published 3 hours ago.

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