Wall Street Applauds $MSFT Earnings: Azure Beats by 300 BPS and Capex Comes in $5 Billion Below Estimates

Wall Street reacted favorably to the latest earnings report from Microsoft (MSFT), driven by key performance metrics highlighted by Brian Sozzi:
* Azure Revenue Growth: Came in approximately 300 basis points above analyst estimates.
* Cloud Business Growth: Total cloud business sales expanded by 48%.
* Capital Expenditures: Capex came in roughly $5 billion below analyst projections.