Microsoft leads the AI race with more profitability. Its clo...
Microsoft leads the AI race with more profitability. Its cloud revenue in 2023 was $124.3 billion, growing 23% for the year, outpacing Google Cloud's 26% growth. Microsoft's forecast suggests a 43% operating margin in the March quarter, 3 points above Wall Street's forecast, while Alphabet is expected to achieve a 28% margin.
Microsoft Has Three Trillion Reasons to Keep the Heat on Google -- Heard on the Street -- WSJ
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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