AI Powers Microsoft's Q1 Growth, but Stock Falls on Guidance. Is It Now a No-Brainer Buy?
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Microsoft's (NASDAQ: MSFT) cloud computing platform Azure continued to be the growth driver for the stock when the software giant reported its fiscal Q1 earnings. However, the company's guidance for Azure, while strong, left investors wanting more.The decline in its share price following the report's release on Wednesday leaves Microsoft stock up only around 10% on the year. Let's take a closer look at the company's results to see if this is a good opportunity to buy the dip.Azure was once again Microsoft's growth engine, with year-over-year revenue growth of 33% (34% in constant currency), which was an acceleration from the 29% (30% in constant currency) growth it saw last quarter. The revenue growth was well above the 28% to 29% constant currency growth the company had previously forecast. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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