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US stocks: Microsoft adds $485 billion to investors' wealth as shares rise 16%. Check why
Microsoft shares experienced a significant surge on Thursday. The company anticipates continued cash generation through its new fiscal year. Cloud growth is projected to exceed Wall Street's expectations. This performance suggests substantial progress from its AI investments. Investors are now seeing returns from its extensive infrastructure spending.
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thenextweb.com
Microsoft Q4: Azure tops $100bn, AI bet mostly pays off
Microsoft’s Azure grew 43% and passed $100bn for the year, its backlog hit $678bn, and the stock rose 2%. But AI capital spending keeps climbing.
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cryptobriefing.com
Microsoft shares rise over 3% as Azure tops $100B in annual revenue
Microsoft shares surged over 3% after the company reported $90 billion in quarterly revenue and Azure growth of 43%, beating market expectations.
