Microsoft earnings surprise

Microsoft earnings surprise

Microsoft's Azure growth slips below 50% for first time.

  • Microsoft Corp’s flagship cloud computing business Azure reported sales growth of under 50%, yet the company beat quarterly revenue estimates.
  • Google, Twitter and Facebook could soon face a class-action lawsuit relating to the banning of cryptocurrency-related advertising.
  • Wall Street ended higher after a see-saw session as investors digested mixed quarterly results and contentious stimulus negotiations in Washington.

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