According to CoinMeta, analysts pointed out that Microsoft’s financial report indicates that the company is able to fully capitalize on the huge demand in the cloud computing market. The report shows that Microsoft’s cloud computing revenue exceeded Wall Street’s expectations, and the cloud computing business is a key factor affecting Microsoft’s stock price performance. Before the financial report was released, the market had already recognized the demand driven by artificial intelligence, but there were doubts as to whether Microsoft could release capacity quickly enough. Analysts stated that the report indicated that “the capacity is in place, and the demand has filled that capacity.” Customers are locking in future spending, and Microsoft has committed to maintaining future spending at $677 billion. Analysts noted that compared to previous expectations, this portion of revenue confirmed over the next 12 months is expected to increase. On Thursday before the market opened, Microsoft’s stock price rose 2.7% against the overall downward trend of tech stocks.