Microsoft Profits Jump on A.I. Boom, But Investors Hit Pause
Microsoft reported strong quarterly results, with revenue rising 17% to $81.3 billion and profits topping Wall Street expectations as AI adoption accelerates.
Marc Allen, CEO of Electra, explains how its hybrid-electric aircraft could transform regional travel with runway-free takeoffs and faster city-to-city flights.
Christopher Zara, News Director at Fast Company, breaks down Apple's $114 billion quarter, its foldable iPhone and new CEO John Ternus' first big test.
Emily Peck, Axios reporter and co-author of Axios Markets, breaks down AI funding, Anthropic’s IPO and how the midterms could threaten data center investments.
Marvell Technology is acquiring optical technology company Lumentum in an all-stock deal with an implied enterprise value of approximately $115 billion.