Microsoft gave Wall Street hope, but then the cloud forecast turned dark

marketwatch.com/story/microsoft-gave-wall-street-hope-but-then-the-cloud-forecast-turned-dark-11674611597

Microsoft Corp. sparked a relief rally for the cloud Tuesday, then rained on that parade after less than two hours of joy.
Microsoft MSFT reported slightly disappointing holiday-quarter results, but the Azure cloud-computing business topped Wall Street’s expectations and initially sent shares higher in after-hours trading. Other cloud businesses — including the only rival…

This story appeared on marketwatch.com, 2023-01-25.
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