IMPORTANT: Envelope maths on what the…MSFT/Open AI break-up can do to the Optics of Azure growth…..thats not a Headwind…thats a Pot Hole.

Bottom Line Top: Wall Street knows that MSFT and Open AI are working out their differences….as that….’Transactional Relationship’….comes to an end. The oft used framing of a Sugar Daddy/Mistress dynamic is pretty accurate and it is pretty obvious that Satya is done. For investors generally the thinking goes only so far as understanding that it...

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