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Microsoft set to report earnings after the bell

Microsoft is set to report its fiscal first-quarter results after the U.S. market closes on Tuesday. Analysts expect the company to increase revenue by around 9% from greater corporate spending on cloud infrastructure for artificial intelligence. However, analysts also note that organizations have been trying to reduce costs for workloads already running in Microsoft's Azure cloud, which could hinder growth. Microsoft recently introduced cybersecurity services, announced new Surface PCs, and revealed plans to sell its Microsoft 365 Copilot AI add-on to enterprises. The company's $68.7 billion acquisition of Activision Blizzard will also impact earnings in the next quarter.

The post Microsoft Set to report earnings after the bell appeared first on Balanced News Summary.



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Microsoft set to report earnings after the bell

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