Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com.
Read More Microsoft’s AI lead puts Amazon cloud dominance on watchTag: Morgan Stanley
What to expect in 2024: Forecasts for GDP, inflation and other assets
Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this year.
Read More What to expect in 2024: Forecasts for GDP, inflation and other assetsMorgan Stanley profit beats estimates as investment banking rebounds, wealth grows
Morgan Stanley’s first-quarter profit beat estimates, fueled by a resurgence in investment banking and growth in wealth management.
Read More Morgan Stanley profit beats estimates as investment banking rebounds, wealth growsExclusive: Google parent Alphabet weighs offer for HubSpot, sources say
The potential acquisition would be Alphabet’s largest ever and allow it to put some of its cash pile, which reached $110.9 billion as of the end of December, to work.
Read More Exclusive: Google parent Alphabet weighs offer for HubSpot, sources sayIndustry pain abounds as electric car demand hits slowdown
A near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts.
Read More Industry pain abounds as electric car demand hits slowdownMicrosoft set for AI-powered revenue surge as stock pulls ahead
January 29, 2024 – 6:18 AM PST (Reuters) – Microsoft (MSFT.O) is expected to report a 15.8% jump in quarterly revenue, its best growth…
Read More Microsoft set for AI-powered revenue surge as stock pulls ahead