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Microsoft (MSFT) Stock Higher Following Strong Growth & Positive Guidance

Microsoft (MSFT) delivers a 1Q earnings beat. MSFT is higher following strong cloud growth and positive guidance. MSFT’s 1Q adjusted EPS came in at $2.99 versus an estimated $2.65 and its revenue came in at $56.50B versus an estimated $54.40B. Azure is expected to remain strong through 2024, notes Dan Romanoff. He and Jason Ware discuss MSFT’s earnings. Tune in to find out more about the stock market today.

Trading 360

25 Oct 2023

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