AI Powers Microsoft's Q1 Growth, but Stock Falls on Guidance. Is It Now a No-Brainer Buy?
Microsoft(MSFT) The Motley Fool·2024-11-04 17:45
Investors were disappointed with Microsoft's Azure forecast, but the reaction looks overdone.Microsoft's (MSFT 0.99%) cloud computing platform Azure continued to be the growth driver for the stock when the software giant reported its fiscal Q1 earnings. However, the company's guidance for Azure, while strong, left investors wanting more.The decline in its share price following the report's release on Wednesday leaves Microsoft stock up only around 10% on the year. Let's take a closer look at the company's r ...