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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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Tech Leaders Approach Trump, Intel Seeks Altera Buyers | Bloomberg Technology

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Bloomberg’s Caroline Hyde breaks down how President-elect Donald Trump and Elon Musk wield their political power as the government works to avoid shutting down. Plus, the Big Tech leader merry-go-round at Mar-a-Lago continues with Jeff Bezos the latest to try and influence Trump’s policies and decisions. And, private equity firms are competing for Intel’s programmable chip arm Altera.
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Creatio CEO and Founder Katherine Kostereva joins Caroline Hyde to discuss the rise of AI agents taking front-line interactions from customer service to sales, and to give her outlook for the space in 2025. She speaks on “Bloomberg Technology.”
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Bitwise Asset Management CIO Matt Hougan tells Caroline Hyde why he believes the latest weakness in crypto and Bitcoin over the last few days is a “healthy pullback” which does not take away from the asset class’s overall great run this year. He speaks on “Bloomberg Technology.”
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