MSFT Earnings: Microsoft Stock Falls on Weak Cloud Computing Growth - TipRanks.com

Category: Finance

Microsoft's shares fell following the release of its fiscal second quarter results, which showed weak growth in its Azure cloud unit despite beating Wall Street forecasts. The company reported earnings per share of $3.23 and revenue of $69.63 billion, but Azure's growth slowed to 31%. Analysts are concerned about the impact of the new Chinese AI app, DeepSeek, on U.S. tech spending. Microsoft plans to invest $80 billion in AI infrastructure this fiscal year. The stock maintains a Strong Buy rating among analysts.

Keywords: Microsoft, Azure, AI investment

Source: TipRanks

Update At: 1/30/2025

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