Microsoft Revenue Growth Accelerates Slightly but Data Centers Dampen Cash Flows

[The Information] Microsoft said revenue rose 19% to $92.3 billion in the September quarter, 1 percentage point faster than the growth it reported in the second quarter. According to The Information, accelerating sales in its Azure cloud unit, driven in part by server rental revenue from OpenAI, offset slight revenue decreases in its Xbox and other businesses. Data center spending weighed on cash flows.