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Microsoft forecasts strong growth for Azure cloud business, shares surge 7%
Microsoft forecast on Wednesday stronger-than-expected quarterly growth for its cloud-computing business Azure after blowout results in the latest quarter, calming investor worries in an uncertain economy and lifting its shares 7% after hours.
The company reported $70.1 billion in revenue and earnings of $3.46 per share, compared to the consensus estimates of $68.4 ...
Microsoft on Wednesday reported $70.1 billion in revenue for the March quarter, up 13%, with earnings of $3.46/share, topping ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Microsoft stock is surging today after the company published better-than-expected sales and earnings results for fiscal Q3. Sales for Azure and other services rose 33% year over year in fiscal Q3, ...
Stock futures moved sharply higher Thursday morning as investors reacted to strong results and big AI spending plans from ...
Nvidia led chip stocks higher as Meta and Microsoft offered relief to investors concerned about Big Tech's commitments to its ...
In anticipation of this announcement, an examination of the company’s historical post-earnings stock performance over the ...
Key Takeaways Microsoft shares rallied Thursday after the company's quarterly results beat Wall Street’s expectations.Several ...
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