(Bloomberg) -- Advanced Micro Devices Inc. shares rallied after the chipmaker gave an upbeat revenue forecast, underscoring that its new artificial intelligence processors are bolstering growth.Most Read from BloombergLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedRich Hong Kong Families Sell Mansions at Discounts to Repay DebtVenezuela’s Opposition Says It Has Proof of Election FraudTech Stocks Hit as Microsoft Down 6% in Late Hours: Markets WrapTesla Analyst Nearly Crashes Whil
(Bloomberg) -- The world’s largest technology companies extended losses in late hours as Microsoft Corp.’s results fueled concern the artificial-intelligence frenzy that has powered the bull market might have gone too far.Most Read from BloombergLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedRich Hong Kong Families Sell Mansions at Discounts to Repay DebtVenezuela’s Opposition Says It Has Proof of Election FraudTech Stocks Hit as Microsoft Down 6% in Late Hours: Markets WrapTesla
(Bloomberg) -- Microsoft Corp.’s Azure cloud service posted a slowdown in quarterly growth, disappointing investors anxious to see a payoff from huge investments in artificial intelligence products. The shares fell.Most Read from BloombergLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedRich Hong Kong Families Sell Mansions at Discounts to Repay DebtVenezuela’s Opposition Says It Has Proof of Election FraudTech Stocks Hit as Microsoft Down 6% in Late Hours: Markets WrapTesla Analys
