Microsoft's Q2 results hint at the robust outlook for AI services industry growth, expected to sustain a 36% CAGR through the middle of the next decade.
With the Fed cutting rates and the S&P 500 sitting at record highs, the macro environment is adding to the sense that a breakout could well be on the cards.
Microsoft had a strong quarter but trimmed guidance, causing shares to fall by 5%. The market is at a critical juncture and a technical buying opportunity.
Hyperscalers like Microsoft, Amazon, and Google are adopting nuclear energy and SMRs to sustainably power AI data centers and meet rising energy demands.
Antitrust regulators have started looking into the Microsoft-OpenAI partnership, and a new detail was slipped into Microsoft's annual report this week.