Microsoft and Meta report strong quarterly earnings
Gadget-uri
CALIFORNIA Technology giant Microsoft ’s profit soared above expectations in the recently ended quarter, driven by its cloud computing and artificial intelligence ( AI ) units. Microsoft reported profit of $27.2 billion on revenue of $76.4 billion, some $29.9 billion of which was brought in by its Intelligent Cloud business. Microsoft's Azure cloud computing offerings brought in more than $75 billion for the company's fiscal year, which ended on June 30, in an increase of 34 percent from the
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