Microsoft's (MSFT.US) Q1 results exceed expectations, data center expenses surge, "burning money" AI raises concerns.
Wisdom Finance APP has learned that Microsoft (MSFT.US) released its first quarter report after the market closed on October 29th, with spending growth exceeding Wall Street's expectations, sparking concerns about the high cost of artificial intelligence infrastructure. After closing at $541.55 on Wednesday, as of the time of writing, Microsoft fell 3.7% in after-hours trading. As of Wednesday's close, the company's stock price has risen nearly 29% this year.
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