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Microsoft reported quarterly revenue of $92.3bn and profit of $36.6bn, beating Wall Street expectations, with its Azure cloud computing division growing 48%. The results followed the company offering buyouts to 60,000 employees.
Written by AI from Guardian Technology's published text.
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“Software giant reports $36.6bn in profit, beating Wall Street expectations, as Azure cloud computing division grows 48% Microsoft gained billions of dollars in stock market value on Wednesday afternoon after it reported better than expected revenue and…”
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