Microsoft earnings surprise

By: Miguel A. Rodriguez

09:45, 14 September 2020

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.

Share this article

The information presented herein is prepared by and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.                                                                                                                            Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience, or current financial situation.Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.