Bernstein analyst on $MSFT stock: "Could current market worries actually be the next positive catalyst for the stock?"



"The market is concerned about the company's massive capital expenditure on artificial intelligence, but there are some points that undermine this fear:

1 The capacity and infrastructure the company is building now only need less than 6 months to begin generating actual revenue ( and investors are ignoring this time gap )

2 A large portion of the investment goes toward applications like Copilot, which generates SaaS system revenues with strong profit margins

3 Internal usage and model training did not negatively impact research and development margins

Based on these data, we expect Azure cloud revenue growth to accelerate in the third quarter, and for the growth to be ( as strong ) or stronger in the fourth quarter!"

‎$MSFT
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MSFT4,79%
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