Microsoft's capex proves it can continue to grow while spending big on AI

Microsoft stock (MSFT) holds onto post-earnings gains in Thursday's pre-market trading after topping fiscal first quarter expectations and the tech giant cutting its capex forecasts. The 8:30 Hosts Jake Conley, Julie Hyman, and Pras Subramanian take a closer look at some of the key figures reported in Microsoft's release. Video Transcript 00:00 Speaker A uh a beat on the top and bottom line. We have the agents and infrastructure revenue unit being on revenue too. In addition to the devices to consumer sales division doing well. Uh CapX hit 39.4 billion, less than the street expected, but you're not getting sort of hammered here. Uh for fiscal year 2027, CapX, Microsoft guided to 200 or sorry, 170 billion, mostly driven by CPU and GPU costs.