Microsoft Stock Breaks Higher as AI Spending Faces Its Next Test
TLDR
- Microsoft reported $90.0 billion in fiscal Q4 revenue, up 18% year over year and above analyst expectations.
- Azure growth accelerated to 43%, supporting continued demand for Microsoft’s cloud and AI computing services.
- Microsoft’s Productivity and Business Processes revenue rose 14%, showing steady demand across its software products.
- Quarterly capital spending reached $41 billion, while Microsoft expects more than $50 billion in capex for fiscal Q1 2027.
- Microsoft guided fiscal Q1 revenue to $89.85 billion–$90.95 billion, with Intelligent Cloud revenue expected to grow about 33%.
Microsoft (MSFT) stock remains supported after the company reported strong fiscal fourth-quarter results and issued steady guidance for the new year. Revenue reached $90.0 billion, up 18% from a year earlier, while constant-currency growth accelerated to 17%.
The company also beat analyst revenue estimates by $2.38 billion. Growth remained strong in cloud and business software, while weaker personal computing results limited performance in one major segment.
… Continue reading the full article at the original source below.
This content is automatically aggregated. Full credit goes to the original publisher (coincentral.com).
