The Ratings Game: Microsoft could be the cloud sector’s ‘canary in the coal mine,’ even as AI efforts offer promise

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Microsoft Corp. has big opportunities ahead in artificial intelligence, but first the company must contend with a slowdown in the cloud computing business that threatens to envelop the broader software industry.

While Microsoft MSFT executives were upbeat Tuesday about their ability to capitalize on AI, including through a new investment in the popular creator of ChatGPT, Wall Street couldn’t ignore the more immediate-term forecast that accompanied Microsoft’s latest earnings report.

 Microsoft’s…

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