According to CoinMeta, Microsoft (MSFT) expects its total revenue for the second fiscal quarter to reach $96 billion to $97.1 billion, with capital expenditures exceeding $50 billion, highlighting the substantial costs required for expanding artificial intelligence infrastructure. Calculated at a fixed exchange rate, Azure's cloud business is expected to see revenue growth of 49% to 50% in the second fiscal quarter, compared to 48% in the first fiscal quarter. Revenue from the Agents and Infrastructure division is expected to reach $80.1 billion to $80.7 billion, while revenue from the Devices and Consumer division is expected to reach $15.9 billion to $16.4 billion. Analysts surveyed by FactSet currently predict that Microsoft's revenue for the second fiscal quarter will be $95.63 billion.