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Microsoft Sees Slower Growth for Its Cloud Business

Microsoft Corp. posted second-quarter sales and profit gains, but reported decelerating revenue for Azure cloud-computing services, raising concern among some investors that the pace of growth in that division has peaked. Shares slipped in late trading. Anurag Rana of Bloomberg Intelligence is on “Bloomberg Markets: The Close.”

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Microsoft Corp. posted second-quarter sales and profit gains, but reported decelerating revenue for Azure cloud-computing services, raising concern among some investors that the pace of growth in that division has peaked. Shares slipped in late trading. Anurag Rana of Bloomberg Intelligence is on “Bloomberg Markets: The Close.”

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3 Comments

3 Comments

  1. mynameisforrest

    January 26, 2022 at 12:30 am

    Does not tell the whole story, the stock actually rose to 291 in the after hours trading

    • coke

      January 26, 2022 at 1:12 am

      they reported this right after the numbers came out. guidance wasnt until 5:30 est

  2. Defending Troy

    January 26, 2022 at 1:13 am

    very interesting remarks.
    after the price rebounded, the analyst comments,’despite the growth rate slows, investors are buying the growth rate of the cloud service’.

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Meta gave a disappointing revenue forecast for the current quarter, intensifying investor concerns that the social media giant isn’t swiftly benefiting from its massive outlay on artificial intelligence. Ed Ludlow reports.
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Apple tumbled in late trading after component shortages weighed on the company’s sales forecast. Ed Ludlow breaks down the company’s Q2 earnings.
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Anthropic says its AI models were involved in a hack, days after OpenAI made a similar disclosure. Does AI have a safety problem? Bloomberg’s Jordan Robertson explains.
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