Microsoft (MSFT) reported its first quarter earnings after the bell on Wednesday, topping analysts' expectations on the top and bottom line as its cloud business continues to outperform. For the quarter, Microsoft saw commercial cloud revenue of $49.1 billion, up 26$48.6 billion. But the company also reported that its capital expenditures increased 74% year over year to $34.9 billion. Roughly half of that, the company said, was related to GPUs and ...