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Microsoft rises on earnings beat, but Azure growth slows

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Microsoft's Azure cloud revenue growth slipped to 76 percent in the fiscal first quarter. But overall revenue and earnings were above expectations, sending shares higher after hours.

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Microsoft set to report earnings after the bellFor Microsoft's fiscal first quarter, analysts expect Microsoft's revenue to grow slightly more slowly than it did in the previous fiscal year, with Azure cloud growth clearly declining. Let's hope it is a big beat. After these past few weeks $MSFT is going to need earnings of about $5 billion per share
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