Key Takeaways
MSFT has declined approximately 22% since the start of the year, underperforming other mega-cap technology stocks The company unveiled seven proprietary AI models at Build 2026, decreasing dependency on OpenAI partnerships Azure experienced roughly 39% constant currency growth in Fiscal Q3 2026, while AI revenue reached a $37 billion annual run rate Planned capital expenditures of $190 billion for calendar 2026 are driving free ca…
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