The tech giant’s revenue also grew 15 percent, but Wall Street is watching whether its investment in A.I. is paying off for its cloud computing business. July 30, 2024 By Karen Weise Karen Weise has covered Microsoft since 2018. Microsoft closed its first full fiscal year of aggressive artificial intelligence investment with a mixed bag of results for people worried about how much big tech companies are spending on A.I. Sales from April through June hit $64.7 billion, up 15 percent from the same period last year, the company reported on Tuesday. Profit rose 10 percent, to $22 billion. The results … Continue reading Microsoft Profit Jumps 10%, but Cloud Computing Grows Less Than Expected