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Microsoft (MSFT) Dips 7% After AI-Fueled Q2 Beat Amid Cloud Growth Concerns

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The Story

News Summary

  • Microsoft beat Q2 revenue and earnings estimates with $81.3B revenue and $4.14 EPS, driven by AI investment.
  • However, Azure cloud growth slowed slightly, and increased capital spending raised concerns, causing shares to drop over 7% in after-hours trading.
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MSFT price history

495.63 +4.57% over the displayed period

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