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Microsoft Sees Slower Growth for Its Cloud Business

May 28, 2023
in AI & Technology
Reading Time: 1 min read
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Microsoft Corp. posted second-quarter sales and profit gains, but reported decelerating revenue for Azure cloud-computing services, raising concern among some investors that the pace of growth in that division has peaked. Shares slipped in late trading. Anurag Rana of Bloomberg Intelligence is on “Bloomberg Markets: The Close.”

source

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