Reported 3 months ago
Investors are closely watching Microsoft’s upcoming earnings report following a $2.3 trillion drop in the Nasdaq 100, with keen interest in its Azure cloud business. The company is under pressure to demonstrate substantial sales growth linked to its AI investments, particularly after facing a broader selloff in the tech sector. With expectations of 30% year-over-year growth for Azure, Microsoft's performance could influence not just its stock value but also set the tone for upcoming reports from other tech giants like Meta and Apple.
Source: YAHOO