Microsoft Earnings
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Call of Duty: Black Ops 6 Was 'Biggest Call of Duty Release Ever', Set Day One Game Pass Record
Call of Duty: Black Ops 6 has become the biggest Call of Duty release ever, Microsoft CEO Satya Nadella said Tuesday at the company’s first-quarter earnings call for FY 2025. The game set a record for day one players as unit sales on PlayStation and Steam were up over 60 percent year-over-year compared to last year’s Call of Duty: Modern Warfar...
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Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.
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OpenAI May Post $5 Billion Loss This Year, Run Out Of Cash In 12 Months: Report
OpenAI is projected to earn between $3 billion to $4.5 billion in 2024, leaving behind a deficit of $5 billion in losses: The Information
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All Eyes On AI To Drive Big Tech Earnings
Analysts at Wedbush Securities, one of Wall Street's biggest believers in AI's potential, expect "growth and earnings to accelerate with the AI revolution and the wave of transformation" it is causing.
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Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...
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AI Companies Lose $190 Billion in Market Cap After Alphabet, Microsoft Report Quarterly Results
AI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring.
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Former Microsoft CEO Set To Earn $1 Billion A Year For Doing Nothing
Steve Ballmer accumulated a significant stake during his 34-year tenure at Microsoft and served as the CEO from 2000 to 2014.
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Warner Bros. Says It Will Transform Its Biggest Franchises Into Live Service Games
WB Games will be focusing on more live service games in the future. During its earnings call, CEO David Zaslav claimed that he wants to convert all major IP into long-term gaming products — ones that rely on an always-on model, in an attempt to drive post-launch monetisation through regular content drop. However, going by past instances like Back...
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Alphabet And Microsoft See Earnings Rise On AI-Infused Cloud
Google parent Alphabet and computing colossus Microsoft Tuesday reported that quarterly profits climbed on demand for cloud computing enhanced with artificial intelligence.
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Apple to Likely See iPhone Sales Dip, Could Record 1.6 Percent Drop in Total Quarterly Revenue
Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. It may also report a likely 1.6 percent drop in total quarterly revenue.
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Star Wars Jedi: Survivor Is Headed to Old-Gen PS4 and Xbox One Consoles
Star Wars Jedi: Survivor is coming to more platforms in the future. During EA’s Q1 2024 earnings call, the company confirmed that developer Respawn is in the early stages of developing a dedicated version for the old-gen PS4 and Xbox One. Currently, there’s no release window, but it will be interesting to see how a downgraded version of a deman...
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Amid AI Boom, Google, Microsoft Announce Better-Than-Expected Earnings
Tech titans Google and Microsoft announced better-than-expected earnings on Tuesday as the frenzy over artificial intelligence stokes investor excitement and breathes a new life into the sector.
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Diablo IV Season 1 Release Date Set for July 20: Malignant Quest Line, Broken Builds, More
Diablo IV’s season 1 update releases July 20, bringing a brand-new quest line and a battle pass. Titled ‘Season of the Malignant,’ the chapter is set after the events of the main campaign and introduces a new character named Cormand, who tasks us with ridding Sanctuary of a festering curse that turns all living beings into bloodthirsty fiends...
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Nvidia Close to Becoming First Trillion-Dollar Chip Firm as AI Boom Drives Stellar Forecast
Nvidia shares extended their rally this year on Thursday, soaring 25 percent after a stellar forecast showed that Wall Street has yet to price in the AI potential of the company that has already doubled in value in 2023.
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GTA 6 Might Release as Soon as 2024, Rockstar Games Owner Take-Two Hints
Grand Theft Auto 6 could launch as soon as 2024. Rockstar Games’ parent company Take-Two shared its latest yearly earnings report, which details that it’s aiming to achieve $8 billion in net bookings within the fiscal years 2025 and 2026. The fiscal year 2025 will begin in April 2024 and a massive target as such could only be achieved via a maj...
-
Call of Duty: Black Ops 6 Was 'Biggest Call of Duty Release Ever', Set Day One Game Pass Record
Call of Duty: Black Ops 6 has become the biggest Call of Duty release ever, Microsoft CEO Satya Nadella said Tuesday at the company’s first-quarter earnings call for FY 2025. The game set a record for day one players as unit sales on PlayStation and Steam were up over 60 percent year-over-year compared to last year’s Call of Duty: Modern Warfar...
-
Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.
-
OpenAI May Post $5 Billion Loss This Year, Run Out Of Cash In 12 Months: Report
OpenAI is projected to earn between $3 billion to $4.5 billion in 2024, leaving behind a deficit of $5 billion in losses: The Information
-
All Eyes On AI To Drive Big Tech Earnings
Analysts at Wedbush Securities, one of Wall Street's biggest believers in AI's potential, expect "growth and earnings to accelerate with the AI revolution and the wave of transformation" it is causing.
-
Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...
-
AI Companies Lose $190 Billion in Market Cap After Alphabet, Microsoft Report Quarterly Results
AI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring.
-
Former Microsoft CEO Set To Earn $1 Billion A Year For Doing Nothing
Steve Ballmer accumulated a significant stake during his 34-year tenure at Microsoft and served as the CEO from 2000 to 2014.
-
Warner Bros. Says It Will Transform Its Biggest Franchises Into Live Service Games
WB Games will be focusing on more live service games in the future. During its earnings call, CEO David Zaslav claimed that he wants to convert all major IP into long-term gaming products — ones that rely on an always-on model, in an attempt to drive post-launch monetisation through regular content drop. However, going by past instances like Back...
-
Alphabet And Microsoft See Earnings Rise On AI-Infused Cloud
Google parent Alphabet and computing colossus Microsoft Tuesday reported that quarterly profits climbed on demand for cloud computing enhanced with artificial intelligence.
-
Apple to Likely See iPhone Sales Dip, Could Record 1.6 Percent Drop in Total Quarterly Revenue
Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. It may also report a likely 1.6 percent drop in total quarterly revenue.
-
Star Wars Jedi: Survivor Is Headed to Old-Gen PS4 and Xbox One Consoles
Star Wars Jedi: Survivor is coming to more platforms in the future. During EA’s Q1 2024 earnings call, the company confirmed that developer Respawn is in the early stages of developing a dedicated version for the old-gen PS4 and Xbox One. Currently, there’s no release window, but it will be interesting to see how a downgraded version of a deman...
-
Amid AI Boom, Google, Microsoft Announce Better-Than-Expected Earnings
Tech titans Google and Microsoft announced better-than-expected earnings on Tuesday as the frenzy over artificial intelligence stokes investor excitement and breathes a new life into the sector.
-
Diablo IV Season 1 Release Date Set for July 20: Malignant Quest Line, Broken Builds, More
Diablo IV’s season 1 update releases July 20, bringing a brand-new quest line and a battle pass. Titled ‘Season of the Malignant,’ the chapter is set after the events of the main campaign and introduces a new character named Cormand, who tasks us with ridding Sanctuary of a festering curse that turns all living beings into bloodthirsty fiends...
-
Nvidia Close to Becoming First Trillion-Dollar Chip Firm as AI Boom Drives Stellar Forecast
Nvidia shares extended their rally this year on Thursday, soaring 25 percent after a stellar forecast showed that Wall Street has yet to price in the AI potential of the company that has already doubled in value in 2023.
-
GTA 6 Might Release as Soon as 2024, Rockstar Games Owner Take-Two Hints
Grand Theft Auto 6 could launch as soon as 2024. Rockstar Games’ parent company Take-Two shared its latest yearly earnings report, which details that it’s aiming to achieve $8 billion in net bookings within the fiscal years 2025 and 2026. The fiscal year 2025 will begin in April 2024 and a massive target as such could only be achieved via a maj...
