Microsoft Set to Disclose Azure Revenue for the First Time at Earnings
Microsoft is preparing to break out Azure revenue in its upcoming results, giving investors a clearer view of its cloud business.
By BBCorp
What happened
Microsoft is approaching its earnings release, and the company is expected to pull back the curtain on Azure revenue, a figure investors have long sought but not seen disclosed on its own.
Reporting is described as likely to look unusual this time, with the newly separated cloud number arriving alongside the rest of the results.
Why it matters
Microsoft is among the largest companies in US equity indices, so the way its results are received can influence broad index moves and sentiment across the technology and artificial intelligence complex. A first-time disclosure adds an extra element, because investors must reassess how they value a business segment that was previously only visible in aggregate.
Large-cap technology earnings also feed into wider macro themes such as capital spending on data centres and cloud demand. Shifts in equity risk appetite from such events can spill into the dollar and into assets that trade with or against equity risk, including gold and crypto.
What to watch
The article points to Microsoft's earnings release and the Azure revenue breakout accompanying it as the next item for investors to assess.
US stocks