Microsoft's stock price fell sharply, the company's spending soared to a record high, and cloud business sales growth slowed, and investors feared that their investment in artificial intelligence might take longer than expected to pay off. Capital expenditure for the second fiscal quarter reached US$37.5 billion, an increase of 66% over the same period last year, exceeding analysts' expectations of US$36.2 billion. After adjusting for exchange rate fluctuations, the Azure cloud computing division's revenue for the quarter increased 38%, barely in line with analysts' expectations. However, this growth rate was slower than in the previous quarter. The company expects Azure sales to grow 37% to 38% during the current fiscal quarter. Microsoft shares fell about 7% in after-hours trading, closing at $481.63 during the regular trading session in New York.

Zhitongcaijing · 01/29 00:01
Microsoft's stock price fell sharply, the company's spending soared to a record high, and cloud business sales growth slowed, and investors feared that their investment in artificial intelligence might take longer than expected to pay off. Capital expenditure for the second fiscal quarter reached US$37.5 billion, an increase of 66% over the same period last year, exceeding analysts' expectations of US$36.2 billion. After adjusting for exchange rate fluctuations, the Azure cloud computing division's revenue for the quarter increased 38%, barely in line with analysts' expectations. However, this growth rate was slower than in the previous quarter. The company expects Azure sales to grow 37% to 38% during the current fiscal quarter. Microsoft shares fell about 7% in after-hours trading, closing at $481.63 during the regular trading session in New York.