Microsoft will report its second quarter earnings for fiscal year 2025 Wednesday as questions over multibillion dollar spending on AI continue to mount, spurred by DeepSeeks shock to the US stock market just days ago. Wall Street expects $3.11 in earnings per share and revenue of $68.9bn, compared with $2.93 a share and revenue of $62bn for the same period a year earlier. Shares in the company, worth a total of $3.28tn, are up roughly 8% over the past 12 months, even as it has poured capital...