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Microsoft delivers another solid quarter as cloud revenue nearly doubles – again

The $6.3 billion quarterly loss that Microsoft Corp. announced today briefly spooked investors, who sent shares down nearly 3 percent in immediate after-hours trading, but concerns quickly eased on assurances that the loss was thanks to a onetime $13 billion charge triggered by the new Tax Cuts and Jobs Act. Excluding that, the company beat […] The post Microsoft delivers another solid quarter as cloud revenue nearly doubles – again appeared first on SiliconANGLE.
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