{"id":11411,"date":"2024-03-06T16:52:51","date_gmt":"2024-03-06T11:22:51","guid":{"rendered":"https:\/\/bigbreakingwire.in\/box-shares-rise-on-microsoft-azure-partnership-and-ai-milestone-achieving-1-billion-fiscal-year-with-ceo-emphasizing-technological-leadership\/"},"modified":"2024-03-06T16:52:51","modified_gmt":"2024-03-06T11:22:51","slug":"box-shares-rise-on-microsoft-azure-partnership-and-ai-milestone-achieving-1-billion-fiscal-year-with-ceo-emphasizing-technological-leadership","status":"publish","type":"post","link":"https:\/\/bigbreakingwire.in\/box-shares-rise-on-microsoft-azure-partnership-and-ai-milestone-achieving-1-billion-fiscal-year-with-ceo-emphasizing-technological-leadership\/","title":{"rendered":"Box Shares Rise on Microsoft Azure Partnership and AI Milestone, Achieving $1 Billion Fiscal Year with CEO Emphasizing Technological Leadership"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p>Box shares experienced a slight boost in trading following the announcement of a strategic partnership with Microsoft Azure ($MSFT) aimed at enhancing AI capabilities. The collaboration reflects Box&#8217;s commitment to staying at the forefront of technological advancements. Despite reporting a modest earnings beat, Box achieved a notable milestone with its first $1 billion fiscal year, primarily attributed to the robust growth in AI initiatives. Additionally, the company unveiled plans for a $100 million expansion in its share buyback program, signaling confidence in its future prospects.<br><br>Looking forward to fiscal year 2025, Box anticipates an earnings per share (EPS) ranging between $1.52 and $1.57, falling slightly below the earlier estimate of $1.70. CEO Aaron Levie emphasized Box&#8217;s integral role in driving digital and AI innovation, positioning the company at the core of crucial technological trends. Levie&#8217;s statement, &#8220;Box is at the center of some of the most important trends in technology history,&#8221; underscores Box&#8217;s strategic focus on pioneering developments in the ever-evolving tech landscape, maintaining its competitive edge.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Box shares experienced a slight boost in trading following the announcement of a strategic partnership with Microsoft Azure ($MSFT) aimed at enhancing AI capabilities. The&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[619,1,39],"tags":[2140,2138,2139,1943],"class_list":["post-11411","post","type-post","status-publish","format-standard","hentry","category-stocks-in-news","category-tech","category-world","tag-ai-capabilities","tag-box","tag-microsoft-azure","tag-partnership","entry","rows"],"jetpack_publicize_connections":[],"modified_by":null,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pfgCxS-2Y3","jetpack_sharing_enabled":true,"jetpack_likes_enabled":false,"_links":{"self":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/11411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/comments?post=11411"}],"version-history":[{"count":0,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/11411\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/media?parent=11411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/categories?post=11411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/tags?post=11411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}