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Microsoft Rallies as Results Beat ‘Virtually Every Metric’

Bloomberg business news
Microsoft Is Crushing It in Cloud, Jefferies Analyst Thill Says
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Microsoft Corp. rose on Thursday as first-quarter results topped estimates and boosted analyst confidence, with Jefferies writing that the software giant should be able “to weather any storm.”

William Blair wrote that the company “continues to fire on virtually all cylinders,” and praised its “broad-based product strength.” Bloomberg Intelligence added that Microsoft is in “a stronger position” than its peers in the event that IT spending pulls back.