Microsoft sees $46 billion in market value erased after missing quarterly estimates for key businesses

Business Insider

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· *Microsoft shares tumbled as much as 2.8% on Thursday after its cloud-computing and office software business missed quarterly estimates.*
· *The slump saw roughly $46 billion erased from the tech giant's market cap.*
· *A "continued customer shift to cloud offerings from multi-year on-premises agreements" harmed the...

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