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Microsoft Azure Drives Q1 Growth: Buy, Sell or Hold the Stock Now?

Microsoft MSFT kicked off fiscal 2027 with Azure in the driver’s seat, raising the question of whether investors should buy, sell or hold the stock now. First-quarter fiscal 2027 revenues rose 19% year over year to $92.3 billion, while Microsoft Cloud revenues climbed 30% to $63.9 billion. Azure generated $33.2 billion in revenues, which increased 48% year over year and came ahead of management’s expectations. However, surging capital spending, margin pressure and softness in consumer businesses suggest a balanced approach in the near term. The Zacks Consensus Estimate for MSFT’s fiscal 2027 earnings is pegged at $19.87 per share.…