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Published Tue, Jan 24 20238:41 PM ESTUpdated Wed, Jan 25 202311:15 AM EST

Jeff [email protected]

Thomas Trutschel | Photothek | Getty Images

Microsoft (MSFT) delivered better second-quarter results than many on Wall Street anticipated, initially sending shares soaring in afterhours trading. But the stock retreated after management announced softer-than-expected guidance for the technology giant’s third quarter — underscoring our decision to remain sidelined buyers for now.

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