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Microsoft shares fell 1% in after-hours trading. Along with a rally in other tech stocks, including Alphabet and Nvidia, Microsoft helped fuel a 24% surge in the S&P 500 in 2023. Revenue at ...
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The deal was closed on October 13, 2023. [164] In December 2022, Microsoft announced a new 10-year deal with the London Stock Exchange Group for products including Microsoft Azure; Microsoft acquired around 4% of LSEG as part of the deal. [165] In January 2023, CEO Satya Nadella announced Microsoft would lay off some 10,000 employees. [166]
Crushing its estimates for the quarter, Microsoft is proving it can still grow rapidly -- even with more than $100 billion in annual revenue. Microsoft Corporation's Impressive Growth in 5 Metrics ...
Microsoft posted strong Q2 2025 earnings, beating expectations with robust cloud and AI growth, though it faces challenges in maintaining its Cloud segment's rate of growth.
Microsoft is a developer of personal computer software. It is best known for its Windows operating system , the Internet Explorer and subsequent Microsoft Edge web browsers, the Microsoft Office family of productivity software plus services, and the Visual Studio IDE.
During the quarter, Microsoft's all important Intelligent Cloud business saw revenue increase by as much as 26% year-over-year to $19.1 billion. The firm's Azure business, meanwhile, rose 46% year ...