Microsoft’s cloud revenue saw a jump in the March quarter. Spending on infrastructure was lower than anticipated. This performance aims to reassure investors about the company’s significant artificial intelligence investments. Microsoft is expanding its AI offerings, including partnerships, to maintain its competitive edge in the cloud market. This comes as major tech firms invest heavily in AI infrastructure.
Fed officials give hints on rate decision as markets cut October rate hike odds
Fed officials tempered expectations for an October rate hike after Philip Jefferson and John Williams stressed patience and data dependence. Markets sharply reduced hike odds,
October 2, 2026