Microsoft's stock climbed after the company reported strong growth and profitability, particularly in its Azure cloud business, which generated $33.2 billion in revenue for the September quarter, a 48% increase year-over-year. This growth slightly exceeded investor expectations and demonstrated Microsoft's ability to expand rapidly while managing its artificial intelligence spending effectively. This performance contrasts with Alphabet's stock decline, highlighting investor focus on the returns of AI investments. The positive results may boost investor confidence in Microsoft's future growth prospects.
Microsoft's market cap stands at $3.95 trillion as of Oct 29, 2026 07:21 WIB, reflecting its dominant position in the technology sector. The stock price on Pluang is $546.07, up 2.77% in the past day, indicating positive investor sentiment following strong earnings. Trading volume reached 19,419,705 shares, with most Pluang users selling (77%) rather than buying (23%), suggesting mixed short-term views despite the upbeat report.
The Federal Reserve is expected to raise interest rates in December, though it held rates steady at 3.75%-4.00% recently. Despite this, equities remain resilient due to strong economic growth and robust earnings from major tech companies like Microso...
Microsoft reported a strong Q1 FY2027 with revenue of $92.28 billion, up 19% year-over-year, and adjusted EPS of $4.89, both surpassing Wall Street expectations. Azure cloud services grew 48%, outperforming consensus by 3.2 percentage points, driving...
Microsoft disclosed for the first time that its Azure cloud service generated $33.2 billion in revenue in Q3, a 48% increase year-over-year. This puts Azure slightly ahead of Google Cloud's $30.7 billion revenue for the same period, though Google Clo...
Microsoft reported $10 billion in revenue from its commercial deals with OpenAI in the quarter ending September 30, representing nearly 11% of its total $92.3 billion quarterly revenue. For the full fiscal year 2026, revenue from OpenAI reached $24.1...
Microsoft reported a record quarterly revenue of $92.3 billion, up 19% from last year, fueled mainly by its cloud business which grew 30% to $63.9 billion. Net income rose 32% to $36.6 billion, with significant contributions from Azure and $10 billio...
