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Broader Gains Expected as Earnings Season Continues on Wall Street: Alphabet, Microsoft, and Southwest Airlines to Report Quarterly Earnings /
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2024-04-26 03:52:27

Broader Gains Expected as Earnings Season Continues on Wall Street: Alphabet, Microsoft, and Southwest Airlines to Report Quarterly Earnings on Nostr: Microsoft Reports 17% Jump in Earnings Driven by Cloud Boost and AI =============== ...

Microsoft Reports 17% Jump in Earnings Driven by Cloud Boost and AI
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#b0c92d6c ver:0.18

Microsoft reports a 17% jump in earnings driven by cloud boost and AI adoption, with revenue reaching $61.9 billion. Azure deals and other products contribute to the rise, while the devices unit sees a decline. CEO Satya Nadella highlights partnerships and security efforts. Meanwhile, Southwest Airlines faces challenges with a $231 million loss. The US economy slows to 1.6% growth, stock market tumbles, and National Enquirer struggles. Legislation targets TikTok, FTC bans noncompete agreements, and airlines implement cost-cutting measures. General Motors sees a 25% increase in net income, while Bombardier's profit drops. Tesla's Q1 net income falls, but stock price surges. #Microsoft #earnings #cloud #AI #SouthwestAirlines #economy #stockmarket #TikTok #FTC #GeneralMotors #Tesla...

#newstr #Microsoft #Earnings #CloudComputing #Ai #Revenue #SatyaNadella #Azure #Openai #Bing #Security

https://here.news/story/b0c92d6c?ver=0.18
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