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The Zhitong Finance App learned that Microsoft (NASDAQ: MSFT) released its latest quarterly report on Wednesday EST. Although the revenue of the cloud computing business Azure surged 48% year over year, its capital expenditure data fell short of market expectations, causing the market to worry that cloud computing power leasing (CRWV.US) and Nebius (NBIS.US) data center capacity delivery progress, which are partners in computing power infrastructure, may slow down. After the news was announced, related companies' stock prices fell collectively during after-hours trading.
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The Zhitong Finance App learned that Microsoft (NASDAQ: MSFT) released its latest quarterly report on Wednesday EST. Although the revenue of the cloud computing business Azure surged 48% year over year, its capital expenditure data fell short of market expectations, causing the market to worry that cloud computing power leasing (CRWV.US) and Nebius (NBIS.US) data center capacity delivery progress, which are partners in computing power infrastructure, may slow down. After the news was announced, related companies' stock prices fell collectively during after-hours trading.
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