Stifel: Azure growth can stay above 50% on AI momentum

Stifel Managing Director Brad Reback said on Bloomberg Open Interest that Azure's growth is beating expectations and could remain above 50% in the near term. He also said Oracle carries more risk and that public AI lab results could shed light on returns from Microsoft's AI spending.

• Stifel sees Azure growth staying above 50% near term
• Azure is beating growth expectations
• Stifel says Oracle carries more risk than Microsoft
• Public AI lab results could clarify returns on AI spending