Microsoft Nears Record Highs as AI Momentum Lifts Azure, but Spending Pressure Clouds the Rally
Microsoft shares are approaching record territory as artificial intelligence continues to power growth across Azure and enterprise software, reinforcing investor confidence ahead of the companyโs October 28 earnings report. The stock has now delivered six straight earnings beats, supported by a strong backlog, though rising AI capital spending and weakening free cash flow remain the main risks to the rally.
