Microsoft offers lackluster guidance, says new business growth slowed in December

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Microsoft issued a disappointing revenue forecast for the current quarter in its earnings call on Tuesday, causing a reverse in the stock price after the shares initially rallied on better-than-expected earnings for the December quarter.
The technology company saw a dropoff in business at the end of 2022 in core Windows and Office areas, CEO Satya Nadella told analysts on a…

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