Microsoft reports Q1 capex of $45.2B, up from $34.9B a year earlier and below its own $50B projection, and free cash flow of $18.6B, vs. $8.54B est. by analysts (Deborah Sophia/Reuters)

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<a href="https://www.reuters.com/business/retail-consumer/microsoft-beats-quarterly-cloud-revenue-estimates-2026-10-28/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/261028/i51.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/261028/p51#a261028p51" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Deborah Sophia / <a href="http://www.reuters.com/">Reuters</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.reuters.com/business/retail-consumer/microsoft-beats-quarterly-cloud-revenue-estimates-2026-10-28/">Microsoft reports Q1 capex of $45.2B, up from $34.9B a year earlier and below its own $50B projection, and free cash flow of $18.6B, vs. $8.54B est. by analysts</a></b></span>&nbsp; &mdash;&nbsp; Microsoft (MSFT.O) surpassed expectations for quarterly cloud revenue on Wednesday, signaling that its hefty AI investments &hellip; </p>

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