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Microsoft shares fall 6% due to guidance concerns

Microsoft’s stock saw a significant decline despite beating earnings expectations.

The tech giant’s shares fell 6% on Thursday, marking the steepest drop since October 2022.

Investors showed concern over Microsoft’s guidance for the next quarter.

The company expects revenue between US$68.1 billion and US$69.1 billion.

This falls short of analysts’ expectations of US$69.83 billion.

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