Microsoft's Azure cloud platform has emerged as a pivotal force in the company's financial resurgence, addressing previous concerns and propelling its market position to new heights. KeyBanc Capital Markets' recent upgrade of Microsoft's stock rating to 'Overweight' underscores the...
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Here’s a summary of the key points from the article “Microsoft's Azure Cloud Soars with AI-Powered Growth” on Devdiscourse:
Azure’s Record Sales: Microsoft’s Azure cloud-computing division posted annual sales exceeding $75 billion for the first time, beating revenue expectations.
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