Microsoft Shares Plummet Post-Earnings
This is a news story, published by CNBC, that relates primarily to Microsoft news.
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Microsoft sharesCNBC
•Microsoft's stock heads for worst day in two years after disappointing forecast
85% Informative
Microsoft shares fell more than 5% on Friday after guidance fell short of analysts' estimates.
For the quarter that ended in September , revenue increased 16% , topping estimates.
It's the steepest drop since October 2022 , when they dropped 7.7% .
Amazon is scheduled to report results after the close of Thursday .
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