Microsoft pops 9% after earnings beat, on pace for best day in 5 years

Microsoft pops 9% after earnings beat, on pace for best day in 5 years

  • Microsoft shares popped 9% after topping estimates and issuing strong guidance.
  • Azure revenues exceeded expectations and grew 33% year over year, with 16 points of that growth coming from AI.
  • Microsoft also signaled that it’s…

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https://www.nbcphiladelphia.com/news/business/money-report/microsoft-pops-9-after-earnings-beat-on-pace-for-best-day-in-5-years/4174180/