MSFT Stock Soars After Results: CFO Dismisses AI Overcapacity Narrative, Says Can Rein In Spending If Demand Changes
Microsoft beat fourth-quarter sales and profit expectations, with its Azure cloud posting 43% growth. Microsoft lowered its calendar 2026 capital-expenditure forecast to about $175 billion from roughly $190 billion due to an accounting change. The company said if cloud demand trends change, it will adjust its purchase of servers. Stocktwits sentiment for MSFT shifted to … Read more