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Tech Earnings & Job Cuts

Bloomberg Daybreak: Asia Edition

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Tech Earnings Report: Microsoft's Azure Growth Exceeds Expectations, Alphabet's Search Business Disappoints

This chapter analyzes the tech earnings report of Microsoft and Alphabet. It highlights the strong growth of Microsoft's Azure Cloud Business and positive aspects of their report, such as the increase in Xbox revenue and focus on AI. However, investors were not fully satisfied. It also discusses the disappointing performance of Alphabet's search business, possible causes for concern, and Alphabet's focus on AI and language model, Gemini.

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