Microsoft Surges After Top- & Bottom-Line Beat; AI/Cloud Growth Accelerates On the heels of Microsoft’s decision to walk away from discussions to lease new server farm space and slow construction on land it already owns, all eyes are on the giant tech company’s fiscal third-quarter earnings tonight for any signs of slowing on data center spending plans when it reports Wednesday. “We believe that the Azure results and guidance as well as Microsoft’s commentary on capex are going to be the keys to the quarter,” wrote Kirk Materne, an analyst at Evercore ISI. Investors watch these expenses closely for a glimpse of… — Continue at ZeroHedge News : Read More
