Shares Dip 4% After Microsoft’s Q4 Revenue Guidance Falls Short

^{Credit: Google}

Microsoft’s Q4 earnings disappoint as Azure cloud revenue growth slows to 26%, missing analyst expectations. Despite beating revenue estimates with $56.19 billion, shares drop 4% in after-hours trading. The More Personal Computing segment declines 4%, while Intelligent Cloud revenue reaches $23.99 billion. The company’s investments in AI, including partnerships with OpenAI and Meta, are closely watched, but concerns about continued slowdown in investments loom. Investors eagerly await updates on monetization of AI services and the impact on future growth.

*MICROSOFT AND GOOGLE EXECUTIVES SAID THE WORD 'AI' OR A VERSION OF IT 145 TIMES DURING TUESDAY'S EARNINGS CALLS$MSFT $GOOGL pic.twitter.com/sNrsdOYGe0

— Investing.com (@Investingcom) July 26, 2023

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