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“Microsoft stock drops after results fall short in latest AI disappointment”

“…For the quarter, Microsoft reported earnings per share (EPS) of $2.95 on revenue of $64.7 billion. Wall Street was anticipating EPS of $2.94 on revenue of $64.5 billion, according to data compiled by Bloomberg. Microsoft reported EPS of $2.69 and revenue of $56.2 billion during the same period last year.

Microsoft’s overall cloud revenue came in at $36.8 billion, in line with expectations of $36.8 billion, but the company’s Intelligent Cloud revenue, which includes its Azure services, fell short, coming in at $28.5 billion versus expectations of $28.7 billion…”

https://finance.yahoo.com/news/microsoft-stock-drops-after-results-fall-short-in-latest-ai-disappointment-201321273.html

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