
Microsoft. A behemoth, yes, but even behemoths stumble. The recent, shall we say, hesitation in its share price is a curious thing. Some fret over the expenditure on data centers – as if a kingdom can be built on thrift alone! – but I see it as a necessary indulgence. They are not merely spending money; they are constructing the cathedrals of the digital age. And, crucially, they are hosting the models of others, a subtle form of dominion. Revenue rose a respectable 17% – a perfectly adequate performance, though hardly earth-shattering. The analysts, those oracles of the obvious, predict continued growth. Yet, the price-to-earnings ratio… it’s almost as if the market has forgotten what a thriving enterprise looks like.