Cerence (NasdaqGS:CRNC) Q4 2025 Earnings Call November 19, 2025 05:00 PM ET Company ParticipantsWilliam Daley - Managing Director of Public SectorTony Rodriquez - CFOKate Hickman - VP of Investor RelationsBrian Krzanich - CEOConference Call ParticipantsJeff Van Rhee - Equity Research AnalystOperatorToday, and thank you for standing by. Welcome to the Cerence fourth quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there'll be a ...

Gmail And Outlook Warning—Do Not Open Any Of These PDFsA new surge in malicious emails puts all users at risk, and comes as Google and Microsoft warn you to stop using passwords and add passkeys instead. https://t.co/DqdciYuOuE(Photo: SOPA Images/LightRocket via Getty Images) https://t.co/kwraEDDlxr ...

Group 1: Australian Economic Outlook - Australia's inflation data for Q3 significantly exceeded expectations, leading to a diminished likelihood of a rate cut next week [1] - Westpac has retracted its prediction for a November rate cut, with its chief economist indicating that even a potential cut in February 2024 is now uncertain [1] - Commonwealth Bank (CBA) believes the RBA's rate cut cycle has ended, projecting that the cash rate of 3.60% will be maintained long-term due to rising inflation [1][2] Group 2: Federal Reserve Actions - The Federal Reserve announced a 25 basis point rate cut, lowering the federal funds rate to a range of 3.75%-4% [5] - Fed Chair Jerome Powell indicated that the decision to halt the balance sheet reduction starting in December aligns with market expectations, but future rate cuts remain uncertain [6][7] - The Fed's actions have provided some support to the US dollar, causing the Australian dollar to retreat from its recent gains [9][10] Group 3: Tax Deadline in Australia - The deadline for self-filing taxes in Australia is October 31, with penalties starting at 330 AUD for late submissions [16] - The Australian Taxation Office (ATO) may consider individual circumstances for late submissions, potentially waiving penalties [16] Group 4: Airline Promotions - Qantas has launched a major international ticket sale, offering over 300,000 discounted tickets to 27 popular destinations, with one-way fares starting at 299 AUD [20] - The promotion includes special fares for flights from Sydney to Los Angeles at 999 AUD, and from Sydney to Santiago at 1599 AUD, following visa-free entry for Australian citizens [20][22]

Service Disruption - Microsoft Azure 云服务和 365 服务出现大范围中断 [1] - 受影响的服务包括 Outlook、Teams、Xbox Live 和 Copilot [1]

Core Points - Microsoft is addressing service degradation issues affecting Microsoft 365 and Azure cloud services [1][3] - Users may experience difficulties accessing Microsoft 365 services due to these issues [2][3] - The root cause is identified as a problematic configuration change in Azure infrastructure [3][4] Microsoft 365 Issues - Users are encountering access issues with Microsoft 365 services and portals [2] - Microsoft is investigating the impact on users and has confirmed that the issues are affecting service availability [3] Azure Service Disruptions - Azure Front Door services began experiencing issues on Wednesday around 16:00 UTC [4] - An inadvertent configuration change triggered the service disruptions [4] - Microsoft has deployed a "last known good" configuration and is working on traffic rebalancing to restore services [4] Recovery Efforts - Initial signs of recovery are being observed as Microsoft works on restoring affected services [4] - Microsoft expects full recovery by 23:20 UTC on the same day [4] - Support teams are treating the issue as a top priority and are actively working on fixes [5][6]

Core Insights - Microsoft has introduced new features in its digital assistant Copilot, enhancing collaboration and integration with services like Outlook and Google [1] Group 1: Product Enhancements - The new features in Copilot focus on improving collaboration capabilities [1] - Deeper integration with other services is a significant aspect of the update, particularly with Outlook and Google [1] Group 2: Industry Impact - The enhancements in Copilot reflect Microsoft's ongoing commitment to advancing its artificial intelligence offerings [1]

Claude now connects to Microsoft 365.Claude can search for information in SharePoint, OneDrive, Outlook and Teams, providing tailored responses seamlessly. https://t.co/1uutMmcB2j ...

Core Insights - Microsoft is leveraging its legacy products, particularly Office 365, to generate stable revenue that funds its investments in artificial intelligence (AI) [1][2][6] - The company reported $54.9 billion in revenue from Office products for fiscal year 2024, accounting for 22% of total revenue, indicating strong performance and growth potential [3][7] - Microsoft is making significant investments in AI, with plans to allocate approximately $80 billion for AI-enabled data centers [9] Revenue Generation - Office 365 reached 400 million paid seats in January 2024, showcasing its widespread adoption and integration into professional environments [1] - The legacy suite of Microsoft 365 products continues to grow by double digits year over year, demonstrating resilience and ongoing demand [7] - Azure's income reached $75 billion, a 34% increase, highlighting the rapid growth of Microsoft's cloud services [10] Competitive Positioning - Microsoft is catching up in the generative AI space, having partnered with OpenAI and investing in Nvidia chips to enhance its capabilities [4][5] - The company's market cap is nearing $4 trillion, with significant growth potential if its AI initiatives succeed [11] - Microsoft remains a solid long-term investment due to its stable product lines and a quarterly dividend of $0.91 per share, despite a dividend yield under 1% [12] Future Outlook - The growth in legacy products supports Microsoft's capital-intensive investments in AI, reducing the risk compared to competitors heavily focused on AI alone [9][13] - Overall revenue increased by 18% from Q4 2024 to Q4 2025, indicating a positive trajectory for the company [13]

Group 1 - Microsoft Corporation (NASDAQ:MSFT) is integrating AI models from Anthropic into its Copilot assistant, indicating a strategic shift to reduce reliance on OpenAI [1][2] - The Copilot Studio will continue to use OpenAI as the default model while allowing flexibility to choose from Anthropic's Claude Sonnet 4 and Claude Opus 4.1 [1][2] - Microsoft is also incorporating AI models from China's DeepSeek into its Azure cloud platform, further diversifying its AI capabilities [2] Group 2 - Columbia Threadneedle Investments noted that Microsoft reported quarterly results that exceeded expectations, with shares surging over 30% during the period [3] - The company has introduced several AI improvements that have been positively received by the developer community, bolstered by its ongoing partnership with OpenAI [3] - Microsoft is well-positioned to leverage trends in AI, cloud computing, and enterprise productivity due to its strong presence across various layers of the compute stack [3]

Core Insights - Microsoft Corporation (NASDAQ: MSFT) is recognized as one of the 15 stocks predicted by ChatGPT to potentially generate significant wealth over the next five years [1] - The European Commission (EC) has accepted Microsoft's proposed commitments to address competition concerns regarding the integration of Teams with its M365 and Office 365 suites [2] Group 1: Commitments and Compliance - The commitments made by Microsoft will be legally binding under EU antitrust rules and aim to address concerns about the bundling of Teams with popular applications like Word, Excel, Outlook, and PowerPoint [2][3] - Microsoft has agreed to provide versions of its suites without Teams at a reduced price and allow customers with long-term licenses to switch to these Teams-free suites [3] - The company will also ensure interoperability between its products and competing communication tools, as well as allow customers to transfer their data out of Teams to other platforms [4]