Microsoft reported fiscal Q4 revenue of $90 billion, up 18% year-over-year, surpassing analyst expectations of $87.6 billion. Earnings per share also exceeded estimates, with non-GAAP EPS at $4.74 versus $4.24 expected. The growth was fueled by strong performance in cloud services, with Microsoft Cloud revenue rising 27% to $59.3 billion, and AI products like Microsoft 365 Copilot gaining over 30 million paid seats. CEO Satya Nadella highlighted Azure's revenue surpassing $100 billion for the first time, signaling robust demand for the company's AI and cloud offerings. The results suggest Microsoft is maintaining momentum in key growth areas, supporting positive market sentiment and future prospects.
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...
Microsoft reported robust Q4 results highlighted by a 43% year-over-year revenue growth in its Azure cloud business and a 23% increase in overall profits. Despite significant investments in cloud and AI, the company maintains high profit margins and ...
