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Microsoft's AI Play Is Silver Lining In Cloudy Quarter: JPMorgan

Benzinga LogoBenzinga12h ago

Microsoft's AI Play Is Silver Lining In Cloudy Quarter: JPMorgan - Benzinga

Quick Summary:

A Slight Miss, But No Cause For Panic

Murphy's recent survey reveals that Microsoft’s partners ended “0.7% below plan,” a noticeable dip from the previous quarter’s “+2.6%.” This drop reflects some “undesirable” trends, but it's not all doom and gloom.

Murphy reassures investors that the decline may be “temporary and manageable.”


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Article Details

Author / Journalist: Surbhi Jain

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 12:57:56 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 385 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21784316

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 23 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #53

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