Reuters: Microsoft predicts a deceleration in cloud business growth for the second quarter


Microsoft News Roundup

Microsoft Forecasts Cloud Business Growth

According to Reuters, Microsoft is expecting a slower growth rate in its cloud business for the upcoming quarter.

Microsoft’s Earnings Report

The New York Times reported that Microsoft’s quarterly revenue has surged by 16%, reaching $65.6 billion.

Market Reaction to Microsoft’s Earnings

Despite surpassing earnings expectations, CNBC noted a decline in Microsoft’s stock value due to weak guidance.

Microsoft’s Success in Cloud Computing

Yahoo Finance highlighted Microsoft’s strong performance in cloud services, leading to positive results for the company.

Microsoft’s AI Demand

As per Investopedia, Microsoft is facing high demand for AI technologies, surpassing its capacity to meet the market needs.


Read More of this Story at news.google.com – 2024-10-31 05:01:00

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