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Asia

Microsoft shares surge 16% as AI cloud bet starts showing up in numbers

Markets-Economic Times · 1h ago · 🇮🇳 India

Microsoft shares surge 16% as AI cloud bet starts showing up in numbers

Microsoft shares surged 16% after stronger-than-expected guidance, robust Azure cloud growth and rising Microsoft 365 Copilot adoption eased concerns over AI spending. The company also forecast healthy cash generation, reinforcing investor confidence in its long-term artificial intelligence strategy and cloud leadership.

Read the full story at Markets-Economic Times →

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