:Microsoft beat Wall Street estimates for first-quarter revenue on Wednesday as efforts to build out data center capacity and AI-driven demand boosted its cloud business.Shares of the Redmond, Washington-based company rose about 2 per cent in trading after market hours. The quarterly earnings are Micr

:Microsoft said on Wednesday revenue for its cloud business Azure surged 33 per cent in its fiscal first quarter, slightly ahead of estimates, indicating that its massive investment in AI was starting to pay off.    The world's largest software company also beat Wall Street estimates for quarterly revenue and pro

Equinix forecast fourth-quarter revenue above Wall Street estimates on Wednesday, driven by steady demand for its data center services amid the continuing surge in artificial intelligence boom.Enterprise clients depend on data center services from companies such as Equinix to expand their digitization ini

Cognizant Technology Solutions beat Wall Street estimates for third-quarter profit on Wednesday, helped by recovery in demand as more businesses turn to the IT services provider.The results signal a recovery in the business environment, with clients increasingly relying on the IT and consulting services o

The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.