Microsoft’s Earnings: Transforming Industries and Driving Growth

From Nasdaq Trader: 2024-04-26 11:03:00

Microsoft’s Q3 FY24 earnings report reveals a 17% year-over-year revenue increase, hitting $61.9 billion, driven by AI and cloud services. Analysts revise Microsoft’s stock price upwards, expecting at least 8% upside. Microsoft’s strategic focus on AI and cloud computing solidifies its leadership in technology’s “Big AI” era, ensuring continued growth and success.



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