Shares of AI cloud services companies are trading higher in sympathy with Microsoft after the company reported better-than-expected Q4 financial results. Microsoft's strong Azure performance also lifted sentiment across the sector, with Azure and ...

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Shares of AI cloud services companies are trading higher in sympathy with Microsoft after the company reported better-than-expected Q4 financial results. Microsoft's strong Azure performance also lifted sentiment across the sector, with Azure and other cloud services revenue rising 43% and annual Azure revenue surpassing $100 billion for the first time.