Morgan Stanley Bullish on Microsoft Copilot AI ROI — Can This Earnings Prove It?
Morgan Stanley heading into Microsoft's earnings expresses confidence in high-30s constant-currency Azure growth in Q3, supported by strong channel checks, improving GPU capacity, and positive CIO survey data. Microsoft shares have staged a sustained rebound in recent sessions. Can this earnings report validate the AI monetization thesis — and is a full recovery of year-to-date losses within reach?