PS C:\Users\sysadmin> Get-SmbConnection | fl

ServerName : sxxxxx.file.core.windows.net
ShareName : applications
UserName : xxxxx\xxxx
Credential : KERBEROS.MICROSOFTONLINE.COM\sysadmin@xxxxx
Dialect : 3.1.1
NumOpens : 2

klist

klist get cifs/xxxxxx.file.core.windows.net

Microsoft-Windows-Security-Kerberos/Operational
I see the following error:
The Kerberos client received a KDC certificate that does not have KDC EKU (not based on Kerberos Authentication Template). Error Code: 0xC0000320

Make sure there are no Cached Creds

cmdkey /list

cmdkey /delete:xxxxxx.file.core.windows.net