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Microsoft shares drop after Azure results as AI spending and cloud growth meet expectations
Business
Published on 30 April 2026
Cloud growth met estimates yet investors still sold hard
Microsoft’s stock slid more than 2% in extended trading after its Azure growth and AI spending updates landed. While cloud revenue growth matched expectations, investors appeared focused on how it stacked up against faster-rising rivals. Updates on Copilot adoption also fed sentiment, but the takeaway was that “as expected” wasn’t enough.
- Microsoft shares fell over 2% after cloud results
- Azure growth matched estimates, triggering investor disappointment
- AI spending and Copilot adoption were closely watched
- Rivals’ stronger cloud growth intensified the selloff
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times