GMBStaff

 18 Oct 23

tl;dr

Microsoft is expected to announce its Q1 results on October 24, with Bank of America predicting a "modest" upside. The growth drivers for Microsoft include the demand for cloud computing services, the strength of its gaming segment, and the growth in its productivity and business processes division....

Microsoft (NASDAQ:MSFT) is set to announce its fiscal first-quarter results on October 24, with insights from investment firm Bank of America predicting a "modest" upside. According to Bank of America, Microsoft is expected to perform well in Q1, thanks to various catalysts that will drive its growth. These catalysts include the demand for cloud computing services, the strength of its gaming segment, and the growth in its productivity and business processes division. Bank of America's analysis suggests that Microsoft's Q1 performance will reflect its continued success and resilience in the technology industry.

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