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Microsoft Corp posted results on Tuesday that showed some strength in the face of a weak economy, buttressed by a cloud business that hit Wall Street targets for the end of 2022, but it may miss

Microsoft posted better-than-expected second quarter earnings late Tuesday, with stable growth rates for its key cloud computing division, sending its shares firmly higher in after hours trading.

Press releases relating to Microsoft Investor Relations for FY23 Q2

Despite revenue miss, Microsoft shares climb on hopes for improved cloud performance - SiliconANGLE

Microsoft has recorded its slowest sales growth in more than six years in its December quarter of 2022, as it took a $1.2 billion hit after laying off 10,000 people amid poor PC sales globally.

Microsoft has tweeted from its official handle that it has received reports of users being unable to access Microsoft Teams or leverage any features. The tech giant further said that it is investigating the issue.  

Microsoft has posted $52.7 billion in revenue for the previous quarter. While there is decent growth in the cloud, it is mostly offset by declines in the consumer market such as Xbox and Windows.

By Yuvraj Malik and Jane Lanhee Lee (Reuters) - Microsoft Corp reported a better-than-expected quarterly profit on Tuesday as strong performance at its cloud services business helped offset a slump in the personal computer market,

Microsoft Corps MS Teams app faced an hour-long outage on Wednesday afternoon with thousands of users reporting that they were unable to access the Teams app.

Cloud revenue growth has been slowing quarter-on-quarter for the Windows maker, which expects the growth to continue to decline through the year.