Microsoft forecasts strong growth for Azure cloud business, shares surge 7%

From Investing.com: 2025-05-01 00:11:00

Microsoft predicts a robust growth for its Azure cloud business, leading to a 7% surge in shares. Azure revenue is expected to increase by 42% in the upcoming quarter, surpassing analyst expectations. The company’s cloud services have been in high demand due to the shift towards remote work during the pandemic.



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