With Microsoft (NASDAQ:MSFT) preparing to report fourth-quarter results after markets close today, expectations are high, both for the tech giant and the ETFs riding its AI wave. Wall Street analysts are estimating revenue of $73.8 billion and earnings per share of close to $3.37.
Azure’s cloud growth is expected to be 34–35%, with much of it attributed to the company’s aggressive expansion in generative AI, according to Investors Business Daily.
