By David Moadel
Publication Date: 2026-04-30 15:40:00
Quick Read
Microsoft (MSFT) shares dropped even after the company posted Q3 revenue of $82.89B, up 18% YoY, with AI revenue hitting a $37B annualized run rate (+123% YoY) and Azure growing 39% ex-FX.
Wall Street is punishing massive Microsoft’s AI spending without visible near-term returns, while doubts about OpenAI’s performance and Anthropic competition raise questions about Microsoft’s infrastructure investment payoff.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Microsoft wasn’t one of them. Get them here FREE.
Shares of Microsoft (NASDAQ:MSFT) are down 5% in midday trading Thursday, changing hands near $402 after closing Wednesday at $424.46. The slide arrives despite a clean fiscal third quarter beat reported after the close on April 29.
Microsoft posted Q3 FY2026 revenue of $82.89 billion, up 18% year over year (YoY), with earnings per share (EPS) of $4.27 versus the $4.07 consensus. The AI business hit a $37 billion…
