Microsoft’s Surging Cloud Sales Show AI Spending Paying Off

source: news (news:bloomberg-tech)published 2026-10-28 20:08ingested 2026-10-29 03:01

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Microsoft Corp. posted increasing growth in its cloud business and kept its capital expenditures in check, satisfying investors amid a drumbeat of concern that spending on artificial intelligence won’t pay off.

document fetched 2026-10-29 03:01 · canonical https://bloomberg.com/news/articles/2026-10-28/microsoft-reports-quarterly-cloud-sales-that-beat-estimates