Microsoft's fiscal Q4 results indicate that investments in AI-related capital expenditures (CapEx) are starting to translate into operating leverage rather than ongoing margin pressure. The company's Intelligent Cloud revenue growth is beginning to align more closely with its cost of goods sold (COGS), and CapEx productivity is better than expected. However, the full improvement in cloud gross margins has yet to materialize. With two out of three key indicators improving and Microsoft's valuation still below historical averages, there is potential for further stock re-rating.
Meta's shares fell 9% in one day, marking an 11-day losing streak and cutting Mark Zuckerberg's net worth by nearly $18 billion to $183.3 billion. The drop follows Meta's increased AI spending forecast to $137.5 billion and earnings below analyst exp...
Amazon plans to spend around $200 billion on capital expenditures in 2026, driven by growing investments in artificial intelligence. The company reported a 77% increase in capex to $44.2 billion in Q1, with expectations to rise to $49.3 billion in Q2...
Microsoft Corporation reported record fiscal year 2026 results, achieving 18% year-over-year revenue growth fueled by strong demand for enterprise cloud services and artificial intelligence. Its Intelligent Cloud segment grew 32%, with Azure revenue ...
Chip stocks rallied strongly following robust earnings reports from Microsoft and Lam Research, with Lam Research shares jumping 20% and Microsoft rising 15%. The surge was driven by increased demand for AI-related infrastructure, as companies invest...
Microsoft reported strong Q4 results with total revenue rising 18% year-over-year and Intelligent Cloud revenue up 32%. The company significantly increased its AI capital expenditure by 110% to $35.8 billion, fueling growth in cloud and AI infrastruc...
