Microsoft Q2 Cloud Revenue Misses Expectations, Stock Drops

Reported 21 days ago

Microsoft reported its Q2 earnings, beating overall estimates but falling short in its Intelligent Cloud segment, causing stock prices to drop over 4%. Despite a 21% increase in Commercial Cloud revenue to $40 billion, it did not meet Wall Street's $41.1 billion expectations. The company's Intelligent Cloud revenue, including Azure, reached $25.5 billion versus the anticipated $25.8 billion. CEO Satya Nadella highlighted significant growth in AI services, yet concerns arise over the company's AI investments amidst competition from China's DeepSeek.

Source: YAHOO

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