Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards

Microsoft Sued by Shareholders Over Azure Growth Slowdown and Rising AI Costs on June 12

GateNews
Stocks
According to Reuters, on June 12, shareholders led by the City of St. Clair Shores Police and Fire Retirement System sued Microsoft in Seattle federal court, alleging the company concealed slowing growth in Azure and rising AI infrastructure costs. The suit pointed to Microsoft's January 28 earnings report showing Azure revenue growth decelerated to 39% in the December quarter from 40% previously, while capital spending reached $37.5 billion. Following the earnings announcement, Microsoft shares fell 10% on January 29, erasing approximately $357 billion in market value—the company's largest one-day decline in nearly six years. The complaint also alleged Microsoft failed to disclose Copilot adoption challenges and had sold only 15 million paid Microsoft 365 Copilot seats. CEO Satya Nadella and CFO Amy Hood are named as defendants. Microsoft said the claims lack merit.
View Source
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

8h ago
Microsoft Hit With $357B Shareholder Lawsuit Over Hidden Cloud Slowdown, Azure Growth Decelerates From 40% to 39%
12h ago
U.S. Cloud Computing Stocks Rally, Nebius Surges 9%, Hut 8 and IREN Up Over 4%
16h ago
ASX Settles With ASIC, Agrees to Pay A$20.5 Million Penalty Over Misleading CHESS Statements
18h ago
Microsoft CEO Nadella Outlines New AI Framework Pairing Human And Token Capital As MSFT Stock Down 19%
06-14 03:34
Microsoft Falls for Sixth Consecutive Day on AI Spending Concerns, Down to $382 on Friday
In-Depth Analysis

Amazon builds AI data center in Missouri, creates 400 full-time jobs

Market Whisper1h ago

AMD Surpasses $900B Market Cap as Ryzen AI Halo Challenges Nvidia DGX Spark

Oliver Grant11h ago

Salesforce Acquires AI Platform Fin for $3.6 Billion to Enhance Agentforce

Oliver Grant13h ago
Comment
0/400
No comments