Reported about 19 hours ago
Microsoft's fiscal Q4 results exceeded Wall Street predictions, with 17% year-over-year revenue growth and a remarkable 39% increase in its Azure business. Analyst Gil Luria emphasized that the company's responsible spending and strategic CAPEX investments are driving this growth, hinting at a potential market cap surge of around $200 billion. As anticipation builds for guidance from CFO Amy Hood on future CAPEX and growth forecasts, the role of AI in stimulating economic growth remains a critical question for the tech giant.
Source: YAHOO