Microsoft beat Wall Street’s expectations as questions over multibillion-dollar spending on AI mount
Microsoft reported its second-quarter earnings for fiscal year 2025 on Wednesday, beating market expectations even as questions over multibillion-dollar spending on AI continue to mount, spurred by DeepSeek’s shock to the US stock market just days ago.
The tech giant reported earnings per share of $3.23, an increase of 10% on a year earlier, and revenue of $69.6bn, an increase of 12%. Wall Street had expected $3.11 a share from revenue of $68.9bn.
About Author
More Stories
KFC plans to invest £1.5bn in UK and Ireland, creating thousands of jobs
Pornhub and three other adult websites face EU child safety investigation
Shein turns to Hong Kong for flotation as London attempt stalls, reports say