we begin with microsoft. the tech giant has just revealed its financial health and investors are satisfied for now as it showed some strength in the face of a weak global economy. its cloud business hit wall street targets for the end of 2022 and revenues rose 2% to just under $53 billion. but what is the outlook? microsoft last week announced it would be slashing 10,000 jobs worldwide in a bid to cut costs. it s also investing in a company behind chat gpt the chatbot that is predicted by some experts to be the future of search. let s discuss this withjeremy goldman director of briefings at insider intelligence. good at insider intelligence. morning to you. looking at what good morning to you. looking at what microsoft had to say, after its resolve without, shares went up 4% and fell back i% shares went up 4% and fell back 1% higher by the end of the day, your thoughts on how it s doing? day, your thoughts on how it s doinu ? , ., day, your thoughts on how it s doin.?
jersey on day one of the tour de france. also coming up on sportsday, india on top of the world. max verstappen will be on pole once again as red bull look for victory in their home austrian grand prix. italy have been beaten 2 0 by switzerland. we have the report. after the calculations of the group stage, the rays moved along. it is now lose and go home and, fatally, they won the world cup in berlin in 2006 but title defences have not been as easy. switzer meant a dad to take on the holders. this was a first half where they hit their stride. they had not beaten italy in more than 30 years. now they had swiss hope overflowing. italy had not yet been convincing now there are signs of decline were being exposed. switzerland 2 0 and it was also straightforward. they shot off the post was italy s only opening. the team won the last euros were fading out. the team won the last euros were fading out- the team won the last euros were fadin: out. ,, . ., ., fading out. switzerland