Microsoft's public cloud Azure has reached scale, and its growth has slowed in recent months as customers make their existing workloads more efficient.
they'll be able to build plugins that people can access through ChatGPT, the Bing search engine's chatbot, and other tools.
Investors are eager for resolution in Microsoft's arrangement to buy Activision Blizzard for almost $69 billion, which was agreed upon in January 2022. Earlier this month, an appeals court the Federal Trade Commission's motion to stop the transaction. Activision shares have climbed past $92.50, close to the $95 that Microsoft agreed to pay, reflecting optimism that the deal is on track to close.In June, Microsoft said it expected to take a $425 million charge in the quarter to pay a fine from Ireland's Data Protection Commission after the authority looked at whether the company's LinkedIn unit violated the European Union's General Data Protection Regulation.
Excluding the after-hours move, Microsoft shares have gained 46% year to date, while the S&P 500 is up 19%. Executives will discuss the results with analysts and issue guidance on a conference call starting at 5:30 p.m. ET.
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