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   Dare Obasanjo (carnage4life@mas.to)'s status on Wednesday, 31-Jan-2024 21:13:40 JST Dare Obasanjo

   Microsoft justifies its spot as the most valuable company in the world by beating expectations and a positive outlook for the rest of the year.

   • Revenue +18% to $62B
   • Profits +25% to $27B

   Maybe employees can get raises this year after none last year.

   https://finance.yahoo.com/news/microsoft-beats-q2-earnings-on-ai-cloud-strength-shares-flat-185023451.html

   • HistoPol (#HP) 🥥 🌴 repeated this.
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     Dare Obasanjo (carnage4life@mas.to)'s status on Wednesday, 31-Jan-2024 21:13:40 JST Dare Obasanjo

     in reply to

     The most positive bit of the Microsoft earnings news is that Azure is still growing faster than expectations with 30% revenue growth compared to 27% expected.

     Microsoft has given adoption of AI Azure customers as the tailwind that is driving this growth.

     https://siliconangle.com/2024/01/30/microsoft-blows-away-earnings-estimates-ais-contribution-grows/