Wall Street will scrutinize Microsoft’s Q2 earnings to gauge the impact of its AI investments on its Azure cloud computing sector.

Analysts predict revenue to reach $54.5 billion, a 9% increase from Q4 2023.

Microsoft invested $10 billion in OpenAI and released Copilot apps for Outlook, Windows 11, and Microsoft 365.

Analysts predict $18.3 billion in Productivity & Business Processes sales, 11.1% year-over-year, and $23.6 billion in Intelligent Cloud.

Azure is expected to expand 27.2%, up from 26% growth in Q4.

Investors also await details about Microsoft’s $69-billion acquisition of Activision Blizzard and its AI programs.