San Francisco, United States, Jan 28, 2026 (AFP) - Microsoft shares slide 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, but spending on artificial intelligence surged, rattling investors. Shares in the cloud and software giant sank about five 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 said that capital expenditures, which largely......

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