Microsoft's AI Investment and Market Reactions

Microsoft reported significant growth in sales and net income, with revenue increasing by 17% and net income by nearly 20%. However, concern arose when Azure's revenue growth lagged behind Wall Street expectations, coming in at 29%. This has led to some investor impatience regarding the company's heavy investment in AI, which involves substantial capital expenditures to build data centers and infrastructure necessary for future development. The CFO indicated that returns on these investments may not be realized for at least 15 years, prompting discussions about the long-term nature of such transformative technology initiatives.