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(Reuters) -Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in after-hours trading as investors worry about big spending, elusive ...
During its fiscal 2024 fourth quarter (which ended June 30), Microsoft said the number of corporate customers that bought more than 10,000 Copilot add-ons for 365 had doubled from just three ...
While Microsoft’s Azure cloud sales continued to grow at a strong 31% clip year over year, this was less than the 33% growth rate of the previous quarter, and revenues in the overall Intelligent ...
Its revenue also topped forecasts, but its stock nevertheless sank 6% as investors and analysts scoured for possible disappointments. Stock market today: Microsoft, Meta and the burden of ...
Microsoft (NASDAQ: MSFT) fell 6.1% on Thursday, its worst session since Oct. 26, 2022, when the tech giant slipped 7.7%. Even after gaining 1% on Friday, Microsoft is up less than 8% year to date ...
Microsoft (NASDAQ: MSFT) stock is gaining ground in Wednesday's trading following new artificial intelligence (AI) infrastructure investment news. The company's share price was up 3.9% as of 2:15 ...
Earnings per share: $3.30 vs. $3.11 expected Revenue: $65.59 billion vs. $64.51 billion expected Operating income: $30.6 billion vs. the $29.21 billion expected
The tech giant's share price was down 5.4% as of 3 p.m. ET. ... Microsoft posted earnings per share of $3.30 on revenue of $65.59 billion, beating the average analyst estimate's call for per-share ...