We've got two types of spending stories. You're listening to Motley Full Money. I'm very long joined today by Bill Mann, Bill, good to see you.

Hey Mary, how are you?

Doing pretty good, pretty good.

A lot of earnings going on this week and today we're focusing on Microsoft and Starbucks. First up got to hit Microsoft because all that anybody

really cares about these days seems to be AI. On the one hand for Microsoft sales growth up, profit growth, and they posted some big numbers

considering that they're a mega cap company. Revenue was up 17%, net income up almost 20%,

but as I mentioned,

because everyone only ever seems to care about AI.

What really caught a lot of investors' attention

was revenue for Azure, Microsoft's cloud business.

Revenue there only rose 29%, Shucks, and Wall Street was expecting

north of 30%. So the stock's down a wee bit this morning as a result. What do you make of all

that, Bill? What are your takeaways from these numbers?

Their quarter was fine.

I mean, you have to keep in mind that Microsoft is huge.

So this isn't a bet the farm on AI, because it's a pretty farm but they've they've thrown a bunch of

cows in the full upper 40 into the mix a 19 billion dollar allocation to to capital spending just to compare it was 3.1 billion in the fourth quarter of 2016.

That's not that long ago. So they are making a massive, massive bet. But when you make a bet into AI,

you're doing things like build data centers, which take 18 months to 24 months to build.

They have all sorts of infrastructure

that has to go to them.

And so I've seen a bunch of stories

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