Microsoft shares dip as cloud miss overshadows better-than-expected revenue and earnings
Publishing timestamp: 2024-07-30 16:00:01
Summary
Microsoft reported better-than-expected earnings and revenue for the fiscal fourth quarter, but investors focused on disappointing Azure revenue. However, management is optimistic about accelerating growth in the quarters ahead. Total revenue increased 15% from the previous year.
Sentiment: MIXED
Keywords: business news, satya nadella, breaking news: technology, enterprise, breaking news: earnings, technology, microsoft corp, alphabet inc, business, earnings, amazon.com inc,
Source: https://www.cnbc.com/2024/07/30/microsoft-msft-q4-earnings-report-2024.html