Home Stock Ideas Long Ideas Tech  Summary Microsoft reported $82.9B revenue (+18% YoY) and $4.27 EPS, with Azure growth reaccelerating to 40%. AI business surpassed $37B run rate (+123% YoY), while Microsoft Cloud revenue reached $54.5B (+29%). Commercial RPO surged to $627B (+99% YoY), with ~25% expected to convert into revenue within 12 months. Capex hit $30.9B in Q3 (+49% YoY), compressing FCF to $15.8B, yet operating cash flow remained strong at $46.7B. VV Shots/iStock Editorial via Getty Images If there was ever any doubt about it, Microsoft's ( MSFT ) latest quarter confirms one thing that I believe the market has yet to internalize. Microsoft is no longer just benefiting from Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha).…