Microsoft Beats but Capex Slows; Will It Stay Mag 7's Laggard?
Microsoft (MSFT) extended losses by 3.93% today despite Q3 Azure cloud revenue growth of 40% and AI revenue doubling year-over-year. Bank of America revised its price target post-earnings, while CEO Satya Nadella noted AI commercial value still needs validation in verticals such as healthcare, with GPU and storage constraints expected to persist through year-end. The numbers were far from weak — but markets voted with their feet. Can MSFT shed its last-place standing within the Magnificent 7?
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