Company Reports – Page 71

Microsoft Beats Financial Expectations Despite Worries About Economy

Quarterly revenue was up 7 percent and profits were up 9 percent as the company embarked on an aggressive plan to embrace artificial intelligence.

By Kellen Browning

Google’s parent company returned to sales growth, even as an advertising slowdown continued to crimp YouTube.

By Nico Grant

The bank’s shares fell by about 50 percent on Tuesday, a day after it said customers had pulled $100 billion in deposits in the first quarter.

By Maureen Farrell and Jeanna Smialek

The decline over the first three months of 2022 was primarily the result of the short-term costs of job cuts and slower sales in China.

By Neal E. Boudette