By Yahoo Finance Video
Publication Date: 2026-10-28 20:55:00
00:00 Daniel
But the Azure number was the big one. 48%, it was guided to 44-45%. This is indicative of how fast the company’s growth around their AI offerings is accelerating and that is going really well.
00:13 Daniel
There was one other number that people are looking at. If if they’re going to be nitpicking, it’s probably going to be that backlog, that commercial backlog number, which remained flat on a quarter over quarter basis, but grew about 73% to something like $677 billion.
00:30 Daniel
Massive number.
00:31 Daniel
So, this was a good print and the market’s rewarding it. And one other thing I’ll say is that Microsoft having not raised debt and not diluted their shareholders in any way to fund this buildout is really being rewarded over the last couple of months.
00:46 Daniel
Whereas other hyperscalers have obviously continued to borrow and raise equity. So that’s really helped Microsoft stand apart here.
00:54