Microsoft’s Cloud Accelerates to Fastest Growth Since 2022

Ed Ludlow reacts to Microsoft's quarterly earnings, highlighting accelerating Azure cloud growth, Copilot AI adoption with 30 million paid seats, and Azure surpassing $100 billion in annual revenue. He notes the stock's positive after-hours move and the market's focus on upcoming capital expenditure guidance. - Azure cloud revenue grew 43%, the fastest since early 2022 and above estimates. - Azure annual revenue crossed $100 billion for the first time in the fiscal year. - Microsoft 365 Copilot paid seats rose to 30 million from 20 million at end of March. - The stock reacted positively in after-hours trading on the tangible AI metrics. - The street remains focused on whether CapEx growth will align with Azure top-line growth. - Alphabet was mentioned as a highly analogous peer in the cloud and AI space.