Citi announced that Microsoft
$MSFT (+0,48 %) is working to improve cost efficiency across its various business units and to improve the company's critical Azure-division - reports SeekingAlpha.

"We left with the impression that management is confident that the Azure growth acceleration in the second half of the year and the increase in capacity provisioning will alleviate the current bottlenecks," Citi analyst Tyler Radke said in a note to the market.