Microsoft: Azure Should Make A Comeback Thanks To AI
MSFTMicrosoft(MSFT) Seeking Alpha·2024-08-07 12:08
Pla2na/iStock via Getty Images Investment Thesis Microsoft (NASDAQ:MSFT) released its fourth-quarter results last week. In this article, I am initiating coverage of the company by analyzing its latest earnings report and investigating the setback seen in Azure's growth along with the growth prospects for its search business. Q4 Highlights Microsoft delivered a solid fourth-quarter performance, in my opinion. Q4 Revenues came in at $64.7 billion, up 16% y/y in constant currency, beating analyst estimates ...