Microsoft beats earnings expectations, cloud growth continues to slow – Yahoo Finance
Microsoft (MSFTMore) Second Quarter Results Announced After Tuesday’s bell, it largely underperformed analyst expectations for earnings and beat earnings per share. Here are the report’s most important numbers, compiled by Bloomberg and compared to what analysts had expected from the quarter: Earnings: $52.7 billion vs. forecast $52.9 billion Adjusted EPS: $2.32 vs $2.30 expected Productivity […]
World Bank makes big cut to its 2023 growth outlook, says globe is 'perilously close' to recession – CNBC
The World Bank has downgraded its global growth forecast from its forecast for mid-2022 on the back of what it sees as a general deterioration in economic conditions. International development agencies have downgraded nearly all of their forecasts for the world’s developed economies, cutting their 2023 global economic growth forecast to 1.7%, according to a […]