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LinkedIn passes $2B in premium revenues in 12 months, with overall revenues up 9% on the year

1. LinkedIn revenues grew 9% year-over-year to $2 billion in Premium subscriptions. 2. AI revenues at Microsoft reached $13 billion, growing 175% year-over-year. 3. LinkedIn is introducing AI features, enhancing user engagement among Premium subscribers. 4. Microsoft Q2 earnings showed a slowdown in its cloud business, affecting share prices.

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FAQ

Why Bullish?

LinkedIn's growth, especially in Premium subscriptions, enhances Microsoft's overall revenue potential, despite cloud challenges.

How important is it?

LinkedIn's growth might mitigate cloud slowdown impacts and strengthen Microsoft's diversified revenue stream.

Why Short Term?

LinkedIn's immediate revenue achievements can positively influence MSFT stock roles in quarterly earnings.

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