<ul><li>Microsoft reported stronger-than-expected quarterly sales and profit growth, driven by customer demand for cloud services.</li><li>Azure cloud unit revenue rose 33% in the quarter, surpassing Wall Street estimates, with a new cloud commitment from OpenAI contributing to bookings.</li><li>Investments in data centers to meet demand for AI training and tools have slowed, leading to debates on financial prudence and long-term cloud and AI demand.</li><li>Microsoft saw growth in business applications sales and hardware products like Xbox and Surface laptops, outperforming analyst estimates.</li></ul>

Microsoft Posts Strong Results Fueled By Cloud Sales Growth

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