Reported about 19 hours ago
Microsoft's recent fiscal second quarter earnings report showed a revenue of $40.9 billion, slightly below expectations. Despite challenges in the Azure cloud segment, analyst Rishi Jaluria emphasized the strength of Microsoft's commercial and OpenAI bookings, highlighting a significant $13 billion annual revenue run rate from AI. He noted that the company's leadership in AI is driving interest across its other business units, allowing broader revenue growth through an 'AI halo effect'.
Source: YAHOO