rebound

Microsoft’s shares rebound as forecast focuses on cloud growth
Business Tech

Microsoft’s shares rebound as forecast focuses on cloud growth

Microsoft Corp shares rose in late trading, reversing an earlier decline, after the software giant gave a forecast that reassured investors the company’s Azure cloud-computing business still has potential to drive growth. Earlier, Microsoft had reported quarterly sales that topped $50 billion for the first time and profit that exceeded analysts’ estimates, fueled by cloud, […]

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