Microsoft, Azure and CapEx
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Sales reached $82.9 billion in the January-to-March quarter, exceeding Wall Street analysts’ expectations.
We are focused on delivering cloud and AI infrastructure and solutions that empower every business to eval-max their outcomes in the agentic computing era,” said Satya Nadella, chairman and chief executive officer of Microsoft.
Microsoft delivered a surprise pickup in Azure revenue growth when it posted March-quarter results on Wednesday afternoon.
Microsoft reports fiscal Q3 results Wednesday.
Microsoft shares fell 1.7% in premarket trading on Thursday even as the tech giant reported better-than-expected results and guidance that were boosted by its Azure clo
Shares of Microsoft (NASDAQ:MSFT | MSFT Price Prediction) are down 5% in midday trading Thursday, changing hands near $402 after closing Wednesday at $424.46. The slide arrives despite a clean fiscal third quarter beat reported after the close on April 29.