Microsoft (MSFT) Beats Q1 Estimates as Azure’s AI-Driven Cloud Growth Surges Past Expectations

Microsoft Corporation (NASDAQ:MSFT) ranks among the best long-term stocks to buy according to D. E. Shaw. Microsoft Corporation (NASDAQ:MSFT) announced better-than-expected fiscal first-quarter earnings on October 29. The company’s cloud sector beat forecasts, driven by Azure’s robust AI-fueled demand. However, the current quarter’s revenue projection fell short of expectations around the midpoint. Pixabay/Public Domain The company’s results exceeded forecasts of $3.66 per share and $75.32 billion, resp ...