By Edward Helmore
Publication Date: 2026-01-28 21:48:00
Investor interest in Microsoft shares may have waned in recent months, but the company reported strong financial results on Wednesday that once again showed that the AI boom continues.
Microsoft reported fiscal second-quarter earnings that are likely to keep the party going on Wall Street despite slowing growth in its key cloud computing business.
Microsoft reported revenue of $81.27 billion versus expectations of $80.32 billion, improving from the 12.3% increase in the year-ago quarter. Earnings came in at $4.14 per share, versus expectations of $3.92.
“We are only at the beginning of AI adoption, and Microsoft has already built an AI business that is larger than some of our largest franchises,” said Satya Nadella, Microsoft CEO. “We are pushing the boundaries of our entire AI stack to create new value for our customers and partners.”
Microsoft shares fell 4% in extended trading on Wednesday after the software maker…