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Microsoft (MSFT)

Shares of the tech giant rose after a beat on earnings per share for its latest quarter. Adjusted EPS came in at $2.32 per share vs. expectations of $2.30. Revenue came in at $52.75 billion versus Wall Street expectations of $52.93 billion.

The company’s intelligent cloud business revenue of $21.51 billion beat the average estimate of $21.43 billion.

“The next major wave of computing is being born, as the Microsoft Cloud turns the world’s most advanced AI models into a new…

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