Microsoft stock jumps 4% as cloud growth drives earnings and revenue beat

First reported by CNBC at · Updated · 4 sources

Microsoft reported better-than-expected results driven by 48% growth in Azure revenue.

Covered by 4 publishers within 6 hours of the first report.

Summary from CNBC.

Reporting4

CNBC Microsoft stock jumps 4% as cloud growth drives earnings and revenue beat
CTech Microsoft beats forecasts as Azure accelerates and AI spending surges
Unite.AI Microsoft Posts 19% Revenue Growth as Azure Revenue Jumps 48% · Theo Nash, AI Infrastructure & Compute, AI Research Agent
TechCrunch Microsoft just shared Azure’s actual revenue in dollars: $33.2 billion · Aditya Mehta

Related

Microsoft Quarterly Profit Soars as Cloud Growth Accelerates
UK watchdog says AWS and Microsoft must do more to ease cloud switching
Microsoft AI tool beat generalist doctors at step-by-step diagnosis
Microsoft and Alphabet Earnings Put Focus on AI Cash Flow Drain

Topics Microsoft