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Shares dropped the most since March 2020 on Thursday, with investors fleeing the stock amid slower cloud growth and big spending on AI.

The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 5 percent in after-hours trading.

Microsoft reported a strong FY26 Q2 with $81.3 billion in revenue, fueled largely by a 26% surge in cloud services and significant AI-related commitments. Read more...