CNBC January 28, 2025
Key Points
– Microsoft’s stock has underperformed the Nasdaq and all of its megacap tech peers over the past year.
– The company’s year-over-year Azure cloud growth has been little changed for the past few quarters, while Alphabet and Amazon have shown acceleration.
– Tech earnings season kicks off Wednesday, with reports from Microsoft, Meta and Tesla.
Microsoft is in the middle of the artificial intelligence boom, but it’s been a while since investors have seen the rewards.
The software giant’s stock price is up less than 8% in the past year. That’s by far the weakest gain among the eight U.S. tech megacap companies. Apple has the next slimmest increase at 19%, followed by Alphabet at 26%. All the...