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Microsoft's Cloud Business Growth Decelerates, with After-Hours Stock Plunge Hitting 8% at Its Peak
4 day ago /
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Author：小编
On Wednesday, January 28th (local time), Microsoft unveiled its financial performance for the second fiscal quarter of FY2026. The tech giant reported a revenue of $81.27 billion and adjusted earnings per share of $4.14, both outstripping market forecasts. However, the revenue growth of its Azure cloud service stood at 39%. While this figure outperformed Wall Street's estimates, it marked a slight downturn from the 40% growth witnessed in the first fiscal quarter. Furthermore, with a staggering 66% year-on-year surge in capital expenditures, investors grew wary of the extended high-investment phase. Consequently, Microsoft's stock price plummeted by over 7% in after-hours trading at one juncture.
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