Microsoft Shares Slide as Cloud Forecast, AI Spending Disappoint

Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5 percent in after-hours trading as investors worry about big spending, elusive artificial intelligence revenue and competition from cheaper AI models from China. Azure results for the fiscal second quarter also fell below Wall Street expectations. Despite beating quarterly overall sales estimates, investors want better results from the hundreds of … Read more

EA Revises Revenue Forecast After EA Sports FC 25, Dragon Age: The Veilguard Sales Disappoint

Electronic Arts shares sank more than 15 percent on Thursday, tripped up by a surprise slowdown in spending on the soccer franchise that has shaped its gaming empire. The videogame maker debuted its newest soccer title, FC 25, in September, the latest in a series of top sellers. But this version did not get the … Read more

India’s Batting Stars Disappoint On Ranji Trophy Return, Ravindra Jadeja Shines In Bowling

The high-profile return of India’s stars in Ranji Trophy ended up as a damp squib with the likes of Rohit Sharma, Rishabh Pant and Shubman Gill falling cheaply on Thursday, unable to click in the face of some hostile bowling on the opening day of their respective matches across different venues. Veteran all-rounder … Read more