Analysis of Microsoft results, by senior analyst, Josh Gilbert

Microsoft delivered on earnings as it usually does, posting another stellar quarter in which all revenue segments exceeded expectations. Fiscal second-quarter revenue rose 18% to $62 billion, while profits soared 33%, marking one of the best quarters in its history.

Amid a boom in the adoption of OpenAI technologies, Microsoft's early investment in AI continues to pay off and make the tech giant a lot of money. Azure, Microsoft's cloud business, posted 30% growth and beat consensus, a result that will be welcomed by Wall Street after four quarters of slower growth. With business spending on cloud services increasing, the good times are going to continue for Microsoft and its investors, who can't help but be pleased with this report.

Microsoft demonstrated yesterday why it is the most valuable company on the planet, and it shows no signs of slowing down. Satya Nadella and his team were early adopters of AI, made strategic investments, and are now blowing up their competition.

Source: Territorioblockchain.com

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