Microsoft pops 9% after earnings beat, on pace for best day in 5 years
1. Microsoft's shares surged 9% post-strong earnings guidance. 2. Azure revenue grew 33%, bolstered by artificial intelligence contributions. 3. The company forecasts $73.15B to $74.25B in revenues for the next quarter. 4. Capital expenditures increased 53%, focusing on AI infrastructure investments. 5. Analysts anticipate durable growth from Microsoft's GenAI investments.