Microsoft's earnings report exceeded expectations, yet the stock price plummeted: Investors are not buying into the AI 'burning money game'? 🤖📉
As the crypto market seeks new momentum, tech giants are frantically 'burning money'. Microsoft ($MSFT) released its latest quarterly earnings report, and while the data is impressive, the capital market's reaction has been extremely lukewarm.
📊 Core data overview:
Revenue: $81.3 billion (up 17% year-over-year) — exceeding market expectations. Net profit: $38.5 billion. Azure cloud business: grew 39%, but investors clearly expected a higher level of 'excitement'.
⚠️ Why did the stock price drop about 6% after hours?
The key lies in Capex (capital expenditure). Microsoft invested a record $37.5 billion this quarter in servers, chips, and AI infrastructure (up 66% year-over-year).
The market has entered the 'Show me the money' phase. Investors worry that the pace of growth in hardware investment far exceeds the actual profit returns from AI. Even though Microsoft has up to $625 billion in orders to be delivered, it has not stopped the after-hours sell-off.
💡 What impact does this have on the crypto/Web3 industry?
Microsoft's aggressive investment in computing power is a long-term positive fuel for AI sector tokens (such as $RNDR, $NEAR, $FET). However, in the short term, if the 'expectation bubble' of leading tech stocks in the U.S. bursts due to low return on investment (ROI), it could drag down the overall performance of risk assets.
💬 What do you all think?
Do you believe the AI wave has reached the point of 'popping the bubble', or are the blue-chip stocks gearing up for the next leap? 👇
#微软 #人工智能 #AI #MSFT #美股