Microsoft stock slumps more than 6% on disappointing revenue outlook
Satya Nadella, CEO of Microsoft, speaking on CNBC's "Squawk Box" outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Gerry Miller | CNBCMicrosoft shares dropped more than 6% after issuing weak current-quarter guidance after the bell Wednesday.The software giant topped Wall Street's fiscal second-quarter estimates, posting earnings of $3.23 per share on $69.63 billion in revenue. That surpassed the earnings per share of $3.11 and $68.78 billion in revenue forecast by analysts...
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