Microsoft Exceeds Cloud Growth Forecasts in Latest Quarter

Microsoft topped quarterly cloud growth estimates, easing investor concerns about spending trends in the AI infrastructure market. The company's cloud division performance signals continued strong demand for its computing services.

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Microsoft tops quarterly cloud growth estimates, easing spending concerns

stream:bsky-jetstreamother62d ago kagi ↗

Microsoft tops quarterly cloud growth estimates, easing spending concerns - https://www.channelnewsasia.com/business/microsoft-tops-quarterly-cloud-growth-estimates-easing-spending-concerns-6286781 July 29 : Microsoft topped Wall Street estimates for quarterly cloud revenue growth on Wednesday, a sign its massive spending on AI infrastructure was paying off as capacity constraints ease and more bu