Revenue was $92.3 billion, up 19%, and Azure grew by 48%.While the operating margin rose to 50%, free cash flow fell 27% to $18.6 billion due to increased capital expenditures.While efficiency improvements in existing infrastructure are driving growth,

Microsoft reports again on Wednesday, Oct. 28 -- exactly a year after that record close. And I think the stock needs one thing above all from that report. Azure has to keep growing comfortably faster than 40%. Across Microsoft's past four reports, the stock's next-day move has tracked Azure's growth rate.

Azure, Microsoft's cloud computing business, was a key contributor to the results, recording revenue growth of 48%, well above the market forecast of 44.3%. However, investors also weighed the company's capital expenditure, which came in below expectations because of delays in third-party capacity deliveries.

Microsoft Corporation Q1 highlights AI-driven Azure growth, rising CapEx, and attractive valuation. Click for this earnings update of MSFT stock.

Azure is booking revenue faster than almost any cloud business in history, yet its leadership reportedly just told team heads to slash costs by a fifth. Something about the math behind that explosive growth is not adding up.

Microsoft's October Azure SDK roundup introduces stable Rust libraries for Cosmos DB and authentication improvements across .NET, Python and Java.

At Microsoft Ignite 2024, the company unveiled a series of advancements that signify a strategic shift towards autonomous AI agents, aiming to enhance operational efficiency and productivity across various sectors. Central to this initiative is the ...

Microsoft beat on revenue and EPS, Azure grew 48% against a 45% estimate, and capital spending came in well below expectations. Eric Bleeker breaks down why shares are up after hours.

The growth is real but so is the bill: capital spending on property and equipment hit $39.4 billion in the quarter, more than double a year ago. Azure revenue grew 48%, beating expectations on both