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Microsoft records best quarter since 1998 driven by AI and cloud growth

The Motley Fool +1 ·

MSFT Microsoft Corp
$533.69 -1.80%
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  1. 1Microsoft stock rose nearly 38% during the third quarter of the year.
  2. 2Microsoft revenue reached $90 billion compared to the previous year.
  3. 3Microsoft 365 Copilot secured more than 30 million paid seats at the end of the fourth quarter.

So what's the key point?

Microsoft achieved $90 billion in revenue through growth in artificial intelligence and cloud services. The company's stock price rose nearly 38% during the third quarter.

Source The Motley Fool +1 · View original ↗

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