Microsoft exceeded revenue and earnings estimates in Q2 2026 but saw shares fall due to Azure growth concerns. Revenue rose 16% to $81.28 billion, beating expectations, while EPS increased 28% to $4.14. Azure bookings and RPO were strong, but market wanted more growth. Despite challenges, Microsoft remains a key player in AI tools.

Read more at CNBC: Microsoft’s quarter shows once again that it must get its growth to spending ratio right