Microsoft has never disclosed Azure's quarterly revenue in dollars. But for the first time, we can see just how close it is getting to besting the biggest competitor in the market, AWS.

Microsoft cuts its 2026 AI spending forecast by $5 billion despite Azure revenue surging 48%. Is the move a strategic shift or a temporary delay?

Microsoft Corp (NASDAQ:MSFT) shares gave back early gains on Thursday despite a stronger-than-expected quarterly performance, as investors weighed accelerating artificial intelligence (AI) demand against the prospect of sharply higher infrastructure spending in the second half of its

Microsoft expects Azure revenue growth of 49% to 50% for its December quarter, which would mark an acceleration from the 48% year-over-year growth rate posted in the September quarter. Microsoft CFO A

Microsoft reports again on Wednesday, Oct. 28 -- exactly a year after that record close. And I think the stock needs one thing above all from that report. Azure has to keep growing comfortably faster than 40%. Across Microsoft's past four reports, the stock's next-day move has tracked Azure's growth rate.

Microsoft Corporation Q1 highlights AI-driven Azure growth, rising CapEx, and attractive valuation. Click for this earnings update of MSFT stock.

After more than a decade of disclosing Azure's performance only through growth percentages, Microsoft will finally report a standalone quarterly dollar revenue figure for its cloud platform today. "There’s no question AI represents a profound shift in both technology and business,

Investors will focus on the performance of Microsoft’s Azure cloud unit and any updates around its spending plan.

Microsoft shares MSFT fell on Thursday, reversing early gains and premarket strength, as investors assessed the company's latest earnings, capital spending plans, and intention to raise $25 billion through a US bond offering.