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Microsoft Stock Plunges 7%: Cloud Growth Slows Despite Beating Earnings Expectations
Microsoft shares tumbled 7% in extended trading Wednesday after the tech giant reported slowing cloud growth and issued light margin guidance, despite beating Wall Street expectations on both revenue and earnings. The stock drop erased billions in market value as investors reacted to Azure cloud growth decelerating to 39% from last quarter's 40%, while the company's $37.5 billion in quarterly capital expenditures raised concerns about AI infrastructure spending outpacing retu
Jan 292 min read
Nov 17, 202511 min read
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