Microsoft earnings beat across the board as cloud, AI drive momentum

Microsoft Corp. posted beats across the board with its latest results Tuesday afternoon, calling out momentum in the cloud and traction with artificial intelligence. Microsoft’s MSFT, -0.28% Azure and other cloud-services businesses posted revenue growth of 28% on a constant-currency basis in the fiscal second quarter. Analysts expected Azure constant-currency revenue growth of 27% for the period. Overall, Microsoft recorded $62.0 billion in revenue for its latest quarter, up from $52.7 billion a year earli ...