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Microsoft Soars 12% on Cloud & AI Frenzy—Q2 Earnings Crush Estimates
Microsoft Soars 12% on Cloud & AI Frenzy—Q2 Earnings Crush Estimates
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Wall Street's favorite tech dinosaur just grew new claws.
Microsoft shares skyrocketed after reporting blockbuster earnings—turns out corporate America will pay anything to pretend they understand AI.
Azure's printing press
The cloud division posted 31% growth as companies shoveled data into the Azure furnace. Because nothing says 'digital transformation' like migrating the same Excel sheets to a $2M/year cloud contract.
AI gold rush
CEO Satya Nadella name-dropped 'AI' 27 times in the earnings call. Meanwhile, enterprise clients are paying premium dollars for ChatGPT wrapped in a PowerPoint template.
The stock hit an all-time high before settling—proving once again that in tech, you either disrupt or become someone else's revenue stream.
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