Microsoft Q3 Earnings: Azure May Rise 30% - That's Not Where 'CTOs Are Aggressively Spending' Analyst Warns
1. MSFT is set to report Q3 earnings on Wednesday, expecting EPS of $3.22. 2. Recent 4.2% stock rise contrasts with a year-to-date decline of nearly 7%. 3. Analysts forecast 30% growth for Azure, a deceleration from the previous 40%. 4. Technical indicators suggest bullish momentum, but long-term sentiment remains cautious. 5. Earnings need to demonstrate strength in AI and security amid weak enterprise demand.