Microsoft topped earnings expectations for the three-month period ended Sept. 30. Analysts say the stock still has more room to run amid an AI boom.
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Microsoft's latest earnings beat the Street. Here's what analysts are saying
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Microsoft topped earnings expectations for the three-month period ended Sept. 30. Analysts say the stock still has more room to run amid an AI boom.
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Microsoft is reportedly “winding down” a cloud AI deal with Oracle.
For your “is that a bubble popping?” Bingo cards: Bloomberg reports that Microsoft is reconsidering deals to rent server capacity from “neoclouds” to power its AI efforts, and has been turning off rented capacity from Oracle since declining to renew a 2023 deal. Sources said the computing power Oracle offered used older Nvidia chips, and had become less useful to Microsoft. [Link: Please stop asking me when the AI bubble will pop | https://www.theverge.com/ai-artificial-intelligence/1025826/ai-bubble-pimco-apollo-bonds | The Verge]
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Microsoft is winding down its deal to rent AI computing from Oracle
Microsoft is switching off AI computing it rented from Oracle after not renewing the deal, Bloomberg reports, as it rethinks $80B+ in cloud contracts.
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Activists break into building site of Microsoft datacentre in Amsterdam
Separate actions also take place outside fence and across Europe in backlash against impact of AI boom
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Microsoft says sorry for 24 hours-long global outage
Microsoft said server issues were behind the incident but there was no malicious activity.
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Microsoft says services still returning amid widespread outage
Governments, businesses, individuals were disrupted globally as server failures stretch into second day.
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Watch: How the Microsoft outage affected North America
The BBC's Nadine Yousif's reports that Microsoft services like Outlook are slowly coming back online, but the company noted users "may still experience intermittent access issues".
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