Microsoft (Msft) Down 5.4% Since Last Earnings Report?
Microsoft reported second-quarter fiscal 2025 earnings of $3.23 per share, beating the Zacks Consensus Estimate by 3.86% and increasing 10.2% on a year-over-year basis. However, Microsoft stock fell as much as 6% in extended trading on decelerating growth in its Azure cloud infrastructure unit. The company's commercial business saw strong results, driven by increased demand for the Microsoft Cloud platform.
- The sudden drop in Microsoft's stock price highlights the volatility that can occur when a seemingly dominant player like Microsoft starts to show signs of slowing down.
- Will this slowdown in Azure's growth have a ripple effect on Microsoft's overall revenue and market value, potentially leading to a broader correction in the tech sector?