Microsoft's AI business is booming, but not enough to soothe investors

Microsoft reported second-quarter earnings late Wednesday.The company's AI and cloud computing sales results were lower than analysts expected.Microsoft's stock was one of several hit after DeepSeek's AI model announcement on Monday.Microsoft's earnings on Wednesday showed strong growth in its AI business — just not enough to reassure investors. Sales tied to Azure and other cloud computing grew 31% in fiscal Q2, slightly slower than the 31.8% analysts surveyed by Bloomberg estimated.Meantime, CEO Satya Nad ...