Unchained · Friday, July 31, 2026
Microsoft's earnings call showcased robust Azure growth, reassuring investors after Meta's stock decline. Management's confident tone and maintained capex guidance, contrasting with Meta's increased spending, were highlighted as key positive signals.
“And then right after that call, I got right on Microsoft's call, right? I can of course, see all the earnings, revenue versus consensus, margins, so on and so forth. And the number one metric we're looking for with Microsoft is Azure growth, right? Cloud growth. And that number was super strong. That was the first thing. I thought, okay, that's really what we wanted to hear about.”
“Microsoft's management, the quantitative information that they gave us and the tone in which they delivered it was, you know, having listened to earnings calls for 35 years, you you pick up on these things over time. They were confident. You could tell. They maintained their capex guidance. So they didn't raise it.”