Microsoft sales and profit beat expectations on robust AI demand
Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software maker’s cloud and artificial intelligence offerings.
Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software maker’s cloud and artificial intelligence offerings.
Churchill Downs Inc. charged ahead of the pack Thursday after posting record revenues and earnings that exceeded Wall Street’s expectations in the first quarter.
Even the Chicago Bears’ long odds of winning next year’s Super Bowl seem better than the team’s chances of convincing Illinois lawmakers to approve $900 million of borrowing in the next few weeks to build a new $3.2 billion stadium.
An investor group representing asset managers including BlackRock Inc. and Fidelity International is calling on Japanese firms to abolish cross-shareholdings, saying the long-held practice has a “detrimental impact” on companies’ capital efficiency.
Vista Equity Partners-backed automotive data and software services provider Solera is weighing an initial public offering that may raise over $1 billion, according to people familiar with the situation.
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