Explained: Why Microsoft shares rallied 9% in extended trading after Q4 earnings despite AI worries
Microsoft shares surged nearly 9% in extended trading after the software giant reported stronger-than-expected Q4 earnings and Azure cloud growth. Robust AI-driven demand, upbeat guidance and lower-than-expected capital expenditure expectations reassured investors that Microsoft's heavy investments
The Bharath News1 min readSource: ET Markets
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Microsoft shares surged nearly 9% in extended trading after the software giant reported stronger-than-expected Q4 earnings and Azure cloud growth. Robust AI-driven demand, upbeat guidance and lower-than-expected capital expenditure expectations reassured investors that Microsoft's heavy investments in artificial intelligence are beginning to deliver meaningful financial returns.
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