We reiterate our 1 rating on Microsoft despite its softer guidance — here’s why

Earnings

Executive Chairman and CEO of Microsoft Corporation Satya Nadella speaks during the “Microsoft Build: AI Day” event in Bangkok, Thailand, May 1, 2024. 
Chalinee Thirasupa | Reuters

Microsoft reported better-than-expected quarterly results Thursday, led by strong growth in its cloud-computing business — but soft guidance pressured shares in after-hours trading. 

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