Microsoft reported revenue of $92.28 billion, up 18.8%, and adjusted EPS of $4.89 against a $4.72 estimate, with Azure growing 48% and commercial remaining performance obligation reaching $677 billion. Amazon's AWS revenue grew 37% to $42.23 billion, its fastest pace in 18 quarters, on a backlog of $496 billion. Microsoft expects calendar-year capex of about $170 billion, while its fiscal 2026 free cash flow fell 6.5% and Microsoft Cloud gross margin slipped to 66%. Amazon's 2026 cash capex estimate is about $220 billion, and its trailing free cash flow is negative at -$7.6 billion. Microsoft shares trade at $531.01 against an average target of $605.12 from 55 analysts, implying about 14% upside.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: The Cloud Titans: Microsoft’s Copilot Backlog Challenges Amazon’s Data Center Re-Acceleration
Read the original on Yahoo Finance ↗
Keywords
cloud computingdata centersAMZNMSFTearnings
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Related tickers and likely impact
AMZN
▲ Likely positiveAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/28/2026 | 254.65 |
| Change that session | +0.61% |
MSFT
▼ Likely negativeMicrosoft
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 10/28/2026 | 530.83 |
| Change that session | -0.09% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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