#Microsoft reported better-than-expected fiscal first-quarter results, driven by a 40% jump in #Azure cloud revenue. However, the stock slipped in extended trading after the company announced an acceleration in #capitalexpenditure growth for the fiscal year. This increase in spending is attributed to the company’s efforts to build out #infrastructure to support #AI demand. https://www.cnbc.com/2025/10/29/microsoft-msft-q1-2026-earnings-report.html?eicker.news #tech #media #news