Microsoft cuts forecast

By
Follow google news

Stronger US dollar takes its toll.

Microsoft cuts forecast
Microsoft on Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest US company to warn of a hit from a stronger greenback. A hawkish Federal Reserve and heightened geopolitical tensions have driven a 14 percent gain in the dollar against a basket of currencies ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Services Australia describes fraud, debt-related machine learning use cases

Services Australia describes fraud, debt-related machine learning use cases

Woolworths gives agentic-powered Olive chatbot to its 200,000 staff

Woolworths gives agentic-powered Olive chatbot to its 200,000 staff

BoQ looks to legacy decommissioning as core consolidation gains pace

BoQ looks to legacy decommissioning as core consolidation gains pace

Meta to start capturing employee mouse movements, keystrokes

Meta to start capturing employee mouse movements, keystrokes

Log In

  |  Forgot your password?