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Microsoft cloud revenue regains momentum, sending profit above estimates

By Stephen Nellis

Jan 30 2020 12:34PM

First acceleration of Azure revenue growth in two years.

Microsoft cloud revenue regains momentum, sending profit above estimates

Microsoft on Wednesday reported quarterly sales and profit that beat Wall Street expectations, driven by the first acceleration of Azure cloud computing revenue growth in eight quarters amid a pitched battle with Amazon's cloud unit. Shares of the world's largest software company hit an all-time ...

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