Microsoft reported strong Q3 FY26 results, surpassing revenue and EPS expectations with an 18% revenue increase and EPS of $4.27 versus $4.06 expected. Azure, its cloud platform, grew 40%, and AI-related revenue surged 123% year-over-year, highlighting robust demand. Despite these gains, Microsoft faces rising capital expenditures projected at $190 billion for 2026, with capacity limits slowing Azure's growth. Shares have dropped 27% from their peak and trade below the 15-year average P/E, even as EPS is forecasted to grow nearly 19% through FY28. The analyst sees the current share price decline as disconnected from the company's strong fundamentals and is increasing exposure aggressively.
Microsoft announced layoffs of about 4,800 employees, or 2.1% of its global workforce, mainly affecting Xbox and commercial sales teams. The company cited rapid changes in technology and customer needs, emphasizing that AI is changing how work is don...
DA Davidson reaffirmed its Buy rating on Microsoft, setting a $550 price target, implying about 40% potential upside from current prices. The positive outlook is driven by confidence in Microsoft's AI strategy, especially the role of Microsoft Copilo...
Microsoft announced it will cut about 4,800 jobs, or 2.1% of its global workforce, mainly affecting its commercial and Xbox divisions as part of a restructuring to focus on growth priorities. The company emphasized that while AI is changing how work ...
Microsoft's stock has dropped 20% over the past year amid concerns about its $190 billion AI-related capital spending in 2026. However, the company's Commercial Remaining Performance Obligation (RPO), representing contracted future revenue, stands at...
French President Emmanuel Macron and Indian Prime Minister Narendra Modi are actively courting major tech CEOs to secure investments in AI data centers, cloud infrastructure, and semiconductor development. Macron successfully persuaded SoftBank to in...
