Investors are seeking assurances that the enterprise cloud business is still growing strongly and will also scrutinize upcoming financial reports from Microsoft rivals Amazon and Google.
NEW YORK: Microsoft Corp on Tuesday hit Wall Street targets for cloud services revenue, but that was not enough for some of the most optimistic investors and shares fell 4% in extended trade.
Investors are seeking assurances that the enterprise cloud business is still growing strongly and will also scrutinize upcoming financial reports from Microsoft rivals Amazon and Google.
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