Microsoft reports $82.9 billion in revenue, beating the $81.39 billion estimate

Microsoft (NASDAQ: MSFT) reported $82.9 billion in fiscal third-quarter revenue, beating Wall Street’s estimate as Azure growth reached 40% and the company’s AI business kept scaling fast. The stock still fell 3% on Wednesday, because investors did not treat the beat like a clean victory. The numbers were stronger than expected, but the market is […]