1.3K views · 5 comments | Microsoft shares fell in extended trading on Wednesday after the software maker posted slowing cloud growth. The company reported $9.97 billion in other income, compared with other expense of $2.29 billion in the same quarter a year ago. The swing comes three months after OpenAI announced a restructuring that involved its for-profit arm becoming a public-benefit corporation. Read more: cnb.cx/3MefWzP | CNBC | Facebook
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7.5K views · 54 reactions | Microsoft reported better-than-expected results for its fiscal first quarter as revenue in the company's Azure cloud business jumped 40%. The stock slipped in extended trading. Read more: cnb.cx/47qyGmd | CNBC | Facebook
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Microsoft laying off 3% of Total Workforce - That's over 6000 people.
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Microsoft stock just hit an all-time high. At its peak market value, the company had a market capitalization of about $650 billion, while as of intraday Friday, the market value was closer to $465 billion. The new all-time high was reached Friday morning after Microsoft reported better-than-expected earnings on Thursday afternoon. Read all about Microsoft's performance: http://cnb.cx/2eqJ3wJ | CNBC
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