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Steve Ballmer Drops From No. 9 To No. 14 Richest As Microsoft Stock Tanks
Revenue from the company’s cloud computing unit failed to meet analysts’ expectations.
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forbes.com
Microsoft Plunges After Reporting Slowed Cloud Growth
Revenue from the company’s cloud computing unit failed to meet analysts’ expectations.
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Steve Ballmer Drops From No. 9 To No. 14 Richest As Microsoft Stock Tanks
Revenue from the company’s cloud computing unit failed to meet analysts’ expectations.
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cnbc.com
Microsoft lost $357 billion in market cap as stock plunged most since 2020
As investors sold shares of Microsoft on Thursday, the $3.22 trillion company dragged down the software complex and the S&P 500 index.
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Microsoft tumbled 10% in a day and isn't recovering premarket. Here's why
Microsoft's stock saw its biggest daily decline since 2020 on Thursday after investors were dismayed by its cloud computing business not growing enough.