$MSFT Jumps Nearly 10% as AI Spending Outlook Reassures Investors

Shares of $MSFT rose almost 10% after the company maintained its 2026 capex guidance at $190 billion and indicated that spending will increase again year over year in FY2027.
Despite the continued AI infrastructure buildout, management still expects Microsoft to remain cash-flow positive in 2027 , easing concerns over the financial strain of its investment cycle.