Microsoft (MSFT) shares edged lower ahead of the company's fiscal first-quarter earnings report on Wednesday, with investors looking for evidence that its substantial artificial intelligence investments are translating into sustainable revenue growth. The company is scheduled to report results after the market closes.
Rishi Sunak has senior advisor roles with Anthropic, Microsoft, and Goldman Sachs. Sunak, who was the UK's prime minister between 2022 and 2024, makes up to $10,000 an hour from them.
Microsoft reports fiscal first-quarter results Wednesday, its first under a new structure that splits the company into two segments, two days after offering buyouts to about 60,000 employees.
Three of the big tech hyperscalers report their earnings this week, with massive implications for the broader stock market. Amazon (AMZN), Alphabet (GOOGL), and Microsoft (MSFT) all report earnings this week.