Description: Microsoft shares fell about 7% in extended trading on Tuesday after the company reported softer cloud revenue than expected in its fiscal first quarter and gave weak quarterly guidance.

Source: CNBC.com – video report

Date: Oct 25, 2022

Link: https://www.cnbc.com/2022/10/25/microsoft-msft-earnings-q1-2023.html

Questions for discussion:

• Explain why the announced results would cause the stock price to drop by so much.
• Do you think this is justified or an opportunity to buy?