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Microsoft faces a shareholder class-action lawsuit accusing executives of concealing Azure cloud growth deceleration due to capacity constraints while overspending on AI. Despite the legal headwind a…
Microsoft shares plunged nearly 10% due to weaker-than-expected cloud growth and disappointing returns on large AI investments, resulting in a massive $360 billion market cap loss, the worst single-d…
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 concern…