Microsoft more, to come, By Jason Lofters [ Might Be a Buy] for growth stock
What, might, the first step in, checking Microsoft Corp, out.
Microsoft Cloud revenue came in at $51.5 billion for the quarter, a 26% rise year over year. This matched the 26% growth in the segment the quarter prior, but analysts took a dim view of growth failing to accelerate. LinkedIn quietly crossed $5 billion in quarterly revenue for the first time in the Redmond company’s December quarter, up 11%. That puts the business social network on an annual run rate of more than $20 billion. On Microsoft’s earnings call with analysts, CEO Satya Nadella noted that paid video ads on LinkedIn grew 30% year-over-year. That came amid the platform’s push into short-form video, a format pioneered by TikTok that LinkedIn has adapted for professional content, such as career advice, industry hot takes, and company announcements delivered in vertical clips. Microsoft on Monday announced Maia 200, the second generation of its custom AI chip, claiming it’s the most powerful first-party silicon from any major cloud provider. The company says Maia 200 offers 30% better performance-per-dollar than its current hardware. Maia 200 also builds on the first-generation chip with a more specific focus on inference, the process of running AI models after they’ve been trained.
If I have time, give my opinion later, so much for college, I will have read and do more to find out if this worth Investment.
Jason Lofters-[ Black Wallstreet] Blacknews.vu or investmentcurator.com
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