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Microsoft Shares Decline in Frankfurt Following Disappointing Update
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Microsoft Shares Decline in Frankfurt Following Disappointing Update Shares of Microsoft listed on the Frankfurt Stock Exchange dropped by 2.7% at the market opening on Wednesday after the company released a less-than-expected update.
On Tuesday, the U.S. tech giant announced plans to increase spending on AI infrastructure. This comes at a time when growth in its cloud business is decelerating, indicating that the returns from significant investments in AI technology might take longer to materialize than Wall Street had anticipated.
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