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Microsoft stock drops over 6% after results fall short in AI disappointment

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Microsoft's stock dropped over 6% after the market closed due to its fourth quarter earnings falling short of expectations, particularly in cloud revenue linked to AI, which rattled the shares of other AI-focused companies.

  • Microsoft EPS $2.95
  • Revenue $64.7 billion
  • Cloud revenue $36.8 billion
  • AI growth 8 points
  • Azure revenue +29%