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via finance.yahoo.comMarkets

Microsoft hits 10 quarters of record-breaking revenue in a row

FROM THE WIRE · FINANCE.YAHOO.COM

Whatever the future of AI might be, the current situation is still very good for Microsoft. The tech giant reported yet another quarterly revenue record on Wednesday: $92.3 billion, a 19% increase over the year-ago quarter. Microsoft has now reported record-breaking revenue for…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong revenue and net income growth support Microsoft, a key stock in the technology sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Microsoft reported record revenue of $92.3 billion, up 19% over the year-ago quarter.
  2. 02Net income reached $36.6 billion, an increase of 32% on a GAAP basis.
  3. 03Microsoft Cloud reached $63.9 billion in revenue, up 30% year over year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Microsoft CorporationMSFTStock531.01 USDMarket closedtoday -0.06%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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