Reported about 10 hours ago
Microsoft's stock fell 6% following its Q2 earnings report, which, although beat estimates overall, showed disconnect in the Intelligent Cloud segment with revenues of $25.5 billion against expectations of $25.8 billion. Despite a notable rise in Commercial Cloud revenue, reaching $40 billion, it fell short of Wall Street's projected $41.1 billion. CEO Satya Nadella emphasized the company's strong AI growth but concerns linger amid competition from firms like China's DeepSeek. Microsoft reported EPS of $3.23 on revenue of $69.6 billion, exceeding analyst estimates.
Source: YAHOO