Business Tech
Microsoft’s shares rebound as forecast focuses on cloud growth
- Deanne Drexler
- January 29, 2022
- cloud
- focuses
- Forecast
- Growth
- Microsofts
- rebound
- shares
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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