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Analysts revamp Microsoft stock price target after earnings [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
The expression is usually intended to describe someone daydreaming and out of touch with reality, but Microsoft is coming on strong in the new reality of cloud computing and artificial intelligence. Related: Analysts eye Google spending ahead of earnings as Meta spooks AI bets On April 25, the company beat Wall Street's fiscal third-quarter-earnings expectations. Chief Executive Satya Nadella told analysts that the strong numbers were powered by the continued strength of Microsoft Cloud, which surpassed $35 billion of revenue, up 23% from a year earlier. "Microsoft Copilot and Copilot stack spanning everyday productivity, business process and developer services to models, data and infrastructure are orchestrating a new era of AI transformation, driving better business outcomes across every role and industry," Nadella said during the company's earnings call. Microsoft earned $2.94 a share, up from $2.45 per share a year earlier and surpassing the FactSet analyst consensus esti
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