Reported about 19 hours ago
Microsoft's recent strong earnings highlight its success not only in the booming AI sector but also in its traditional business, particularly cloud computing and productivity software. The company is experiencing significant revenue growth from corporate clients, with more businesses opting to rent IT services rather than buy. Despite the focus on AI, Microsoft’s non-AI segments, such as its Azure cloud services and Microsoft 365, are growing robustly, indicating a solid financial foundation as demand for these services remains strong.
Source: YAHOO