Microsoft's cloud computing and artificial intelligence business helped deliver $70.1 billion in sales and boosted profits by 18% for the January-March quarter, a dose of relief for investors during a turbulent time for the tech sector and U.

Microsoft Corp. reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady despite a wave of new tariffs and economic turbulence.

Cloud growth appears to be the main driver of improved revenues, with overall Microsoft Cloud revenue reaching $42.4 billion, up 20 percent. Microsoft hasn’t split out its AI re

At Meta’s LlamaCon conference, Satya Nadella shared whether AI is better at writing Python or C++ and asked Mark Zuckerberg how much Meta code is written by artificial intelligence.

Microsoft says AI now writes up to 30% of its code, while Meta predicts AI will handle half of Llama development within a year.

West Coast tech giants Microsoft and Meta both exceeded analyst forecasts in first-quarter earnings reports Wednesday.

Microsoft is slated to report fiscal third-quarter results after the market closes Wednesday, with analysts overwhelmingly bullish on the tech giant's stock.