Microsoft Forecasts Azure Growth
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•Technology
Technology
Microsoft forecasts strong growth for Azure cloud business, shares surge 7%

81% Informative
Microsoft forecast stronger-than-expected quarterly growth for its cloud-computing business Azure after blowout results in the latest quarter .
Microsoft 's results could ease concerns about a potential slowdown in AI demand, after some analysts pointed to canceled data-center leases at Microsoft as a sign of excess capacity.
The rise in Microsoft 's shares set it on course to add more than $200 billion to its value.
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