September 19, 2024
“The Global Artificial Intelligence Infrastructure Investment Partnership is initially looking to raise $30 billion for new and existing data centers. The fundraising, which could total $100 billion, will also be used to invest in the energy infrastructure needed to power… Continue Reading…
September 19, 2024
“…Microsoft also will increase its quarterly dividend by 8 cents, to 83 cents a share. It’s the company’s 20th straight year of increasing its dividend. Microsoft stock rose 0.9% to 435.07 on Tuesday. MSFT stock has risen for seven straight… Continue Reading…
August 2, 2024
“…For the quarter, Microsoft reported earnings per share (EPS) of $2.95 on revenue of $64.7 billion. Wall Street was anticipating EPS of $2.94 on revenue of $64.5 billion, according to data compiled by Bloomberg. Microsoft reported EPS of $2.69 and… Continue Reading…
August 1, 2024
“Delta CEO Ed Bastian said the massive IT outage earlier this month that stranded thousands of customers will cost it $500 million. The airline canceled more than 5,000 flights in the wake of the outage, which was caused by a… Continue Reading…
May 7, 2024
“Microsoft has signed a deal with Brookfield Asset Management to invest more than $10 billion to develop renewable energy capacity to power the growing demand for artificial intelligence and data centers, the companies announced on Wednesday. Brookfield will deliver 10.5 gigawatts… Continue Reading…
May 2, 2024
“…In its earnings report on Thursday, Microsoft said capital expenditures jumped 79% from a year earlier to $14 billion. The company is spending much faster than it’s increasing revenue — sales climbed 17% in the period. Even with all that investment, Microsoft… Continue Reading…
August 9, 2023
“Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line, but the company raised full-year sales forecasts on the back of expected strength for its PlayStation gaming… Continue Reading…
June 21, 2023
“The Microsoft Corporation’s purchase of 183 acres in western Licking County, reported by The Advocate on Friday, was officially recorded Tuesday, according to the Licking County Auditor’s Office. Microsoft paid $56.9 million, or $310,000 per acre, for the city of New Albany… Continue Reading…
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