San Francisco, United States, Jan 28, 2026 (AFP) - Microsoft results exceed expectations as AI spending surges

NAMPA / AFP
2026-01-29
Microsoft on Wednesday reported a 60 percent jump in net income for the last quarter of 2025, as spending on artificial intelligence surged. Shares in the cloud and software giant sank about four percent in after-hours trading, with investors keeping a close eye on capital expenditures as the company spends heavily in the AI race against rivals Google, Amazon and Meta. The company posted net income of $38.5 billion on revenue of $81.3 billion for......
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