BusinessPhoto: HT BusinessMicrosoft Shares Rise 4% as Alphabet Drops 10% on Earnings
Microsoft shares rose 4% in pre-market trading following better-than-expected quarterly results, driven by strong 48% sales growth in its Azure cloud business. Microsoft forecasts Azure sales growth of 49-50% next quarter. In contrast, Alphabet shares fell 10% due to concerns over slowing growth and rising AI investment costs. Microsoft also reported capital spending $5 billion below estimates.
HT Business·




