Microsoft beats Wall Street expectations with $90 billion in revenueMicrosoft reported robust quarterly earnings, exceeding analyst expectations significantly. The company's cloud computing platform, Azure, ...
30 Jul, 2026, 02.12 PM IST
Explained: Why Microsoft shares rallied 9% in extended trading after Q4 earnings despite AI worriesMicrosoft shares surged nearly 9% in extended trading after the software giant reported stronger-than-expected Q4 earnings and Azure cloud ...
30 Jul, 2026, 01.54 PM IST
Redington shares rally 15% after Q1 profit surges 77%; revenue rises 35% YoYRedington Ltd shares surged after the company reported a strong Q1 FY27 performance, with net profit jumping 77% YoY to Rs 486 crore on rec...
30 Jul, 2026, 11.02 AM IST
Microsoft set for $190 billion market value swing after earnings results, options indicateThe tech company's options imply a move of about 6.6% in either direction after the company reports fourth-quarter results. By comparison, ...
30 Jul, 2026, 12.31 AM IST
Amazon Web Services India net profit jumps over 10-fold to Rs 242 cr in FY26In FY26, Amazon Web Services India experienced a remarkable increase in its consolidated net profit, soaring over tenfold to reach Rs 242.8...
29 Jul, 2026, 08.29 PM IST
UK regulator investigates whether Microsoft misled personal and family customersThe Competition and Markets Authority said on Wednesday the probe would examine Microsoft's addition of its AI assistant Copilot to Micro...
29 Jul, 2026, 06.25 PM IST
Nvidia-backed neoclouds hover over India to lease data centre capacityCoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale are in various stages of discussions with companies such as Sify Technologie...
29 Jul, 2026, 06.00 AM IST
How Oracle's 2012 court defeat became the heart of £270 million lawsuit against MicrosoftPerpetual software license resale: A 2012 European Court of Justice ruling that Oracle lost, establishing that perpetual software licences ...
28 Jul, 2026, 03.31 PM IST
Coforge shares surge 7% after Q1 profit spikes 63% YoYCoforge shares jumped after the IT services company posted a strong Q1 FY27 performance, with net profit rising 63% year-on-year and revenu...
28 Jul, 2026, 10.12 AM IST
Databricks expands Microsoft Azure partnership, to use more custom chipsDatabricks will extend its Microsoft partnership through the 2030s. The company will increase its use of the Azure platform and Microsoft's...
23 Jul, 2026, 09.16 PM IST
Alphabet's cash burn raises alarm for Big Tech as AI spending climbsAlphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...
23 Jul, 2026, 05.41 PM IST
Google increases capex forecast again after cloud-driven earnings beatThe search giant now expects to spend between $195 billion and $205 billion in capital expenditures, its finance chief Anat Ashkenazi said ...
23 Jul, 2026, 11.05 AM IST
Google quarterly cloud revenue growth beats expectationsGoogle Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...
23 Jul, 2026, 01.40 AM IST
US Stock Market: Big tech's AI spending boom raises cash flow concerns despite early returnsAmerica's biggest technology companies are beginning to generate meaningful AI-driven revenue, but surging infrastructure spending is putti...
22 Jul, 2026, 02.51 PM IST
Analysis-AI investment boom puts Big Tech's free cash flow under pressureBig tech firms are investing heavily in artificial intelligence infrastructure. Their capital expenditures may soon exceed free cash flow g...
22 Jul, 2026, 10.37 AM IST
Iren shares jump 16% as $2.8 billion AI cloud deals lift revenue targetIREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU i...
20 Jul, 2026, 08.49 PM IST
Downfall of a Wall Street darling: Why Oracle shares crashed 65% from peakOracle shares have dropped about 65% from their peak as investors shift focus from AI-driven cloud growth to rising capital expenditure, de...
20 Jul, 2026, 06.09 PM IST