Microsoft cloud growth demonstrating pivot to AI: Strategist

10/25/2023 05:11
Microsoft cloud growth demonstrating pivot to AI: Strategist

Microsoft (MSFT) shares are popping after the tech giant reported a fiscal first-quarter earnings beat. Baird Technology Desk Sector Strategist Ted Mortonson joins Yahoo Finance Live to weigh in on the report and what direction Microsoft will be taking with its products and software. Mortonson says Microsoft's rebounding Azure cloud growth signals it's moving past optimization and leaning toward more aggressive "investing in core generative AI" capabilities. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Microsoft (MSFT) shares are popping after the tech giant reported a fiscal first-quarter earnings beat. Baird Technology Desk Sector Strategist Ted Mortonson joins Yahoo Finance Live to weigh in on the report and what direction Microsoft will be taking with its products and software.

Mortonson says Microsoft's rebounding Azure cloud growth signals it's moving past optimization and leaning toward more aggressive "investing in core generative AI" capabilities.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

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