Bloomberg Technology
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.”
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
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’.