Microsoft Shares Drop 5%
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Microsoft finance chief Amy HoodCNBC
•Technology
Technology
Microsoft stock slumps 5% on disappointing revenue outlook
79% Informative
Microsoft shares dropped about 5% after issuing weak current-quarter guidance.
The software giant topped Wall Street's fiscal second-quarter estimates, posting earnings of $ 3.23 per share on $69.63 billion in revenue.
Revenue grew 12.3% year over year , the slowest growth since the middle of 2023 .
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