Microsoft cloud unit miss dulls bright earnings

Microsoft shares slipped Tuesday after the tech giant reported quarterly profit climbed but its crucial cloud computing unit missed expectations. Cloud unit revenue of $36.8 billion, however, disappointed investors and shares slid more than five percent to $401.06 in after-market trades.

Naijamerit

Jul 30, 2024 - 23:00

Microsoft cloud unit miss dulls bright earnings

Microsoft shares slipped Tuesday after the tech giant reported quarterly profit climbed but its crucial cloud computing unit missed expectations. Cloud unit revenue of $36.8 billion, however, disappointed investors and shares slid more than five percent to $401.06 in after-market trades.

BREAKING: Bloody Tuesday as gunmen kidnap former federal lawmaker inside Delta c...

What's Your Reaction?

Dislike

Love

Funny

Angry

Sad

Wow

Naijamerit Welcome to a world where curiosity meets clarity, where stories unfold like chapters in a book of life. Join me as we unravel the secrets, share the moments, and dive into the extraordinary. This is not just a blog—it's a journey through the tapestry of human experience. Are you ready to explore? We love you, read our content and subscribe. Naijamerit to the World...