Microsoft stock surged 8.88% in after-hours trading following its Q4 FY2026 earnings report, adding $257 billion to its market value. The company beat analyst forecasts with EPS of $4.74 versus $4.24 expected and revenue of $90.01 billion versus $87.62 billion expected. Azure cloud growth accelerated to 43%, driving the Intelligent Cloud segment revenue to $39.31 billion, a 31.6% year-over-year increase. Despite a 23% drop in free cash flow and high capital expenditures of $41 billion in Q4, investors remained confident, partly due to Microsoft's decision to extend the useful life of data center and office buildings from 15 to 25 years, signaling long-term infrastructure value amid AI investments.
Microsoft's shares jumped 8% in premarket trading after reporting better-than-expected fiscal Q4 revenue and 43% growth in its Azure cloud business, signaling that its AI investments, including Microsoft 365 Copilot, are paying off. The company now h...
Microsoft Corporation reported a strong Q2 performance driven by AI growth and robust cloud business, with key segments like Productivity and Intelligent Cloud showing double-digit gains. While Windows OEM, Devices, and XBOX sales declined, the compa...
Microsoft reported strong revenue growth in its cloud and AI businesses, with Intelligent Cloud revenue up 32% to $39.3 billion and overall revenue rising 18% to $90 billion in the quarter ended June 30, 2026. To manage rising capital expenditures, M...
Microsoft reported record profits with $90 billion quarterly revenue and $35.8 billion net income, driven by its cloud and AI investments. CEO Satya Nadella urged enterprises to use multiple AI models and avoid dependency on OpenAI and Anthropic, cit...
Rep. Frank Pallone, ranking member of the House Committee on Energy, has demanded SpaceX CEO Elon Musk provide records and a tour of the company's AI data centers and power plants in Memphis, Tennessee. Pallone alleges that SpaceX's use of natural ga...
