Quick Read – Microsoft’s Azure crossed $100B in annual revenue for the first time, growing 43%, as Microsoft posted Q4 EPS of $4.81, up 32%, topping Wall Street estimates. – NVIDIA stands as a key beneficiary as Microsoft committed to continued GPU investment while capex of $41B…
me in below the $42B feared by analysts. – Previously, GOOGL dropped 6% after Alphabet’s Google raised its capex outlook to $205B, making Microsoft’s spending restraint the clearest market reward of the earnings season. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn’t make the cut. Grab the names FREE today
Shares of Microsoft (NASDAQ:MSFT) are up 9% in early Thursday trading, changing hands at $427 after the software giant delivered a fiscal fourth-quarter blowout and crossed a symbolic Azure milestone. The pop lifts the stock off Wednesday’s $390.54 close and pushes it back toward levels last seen in the spring. As of yesterday’s close, Microsoft stock was down 19% year to date (YTD), so this reads more like a relief rally in a beaten-down mega-cap than a fresh breakout.
The move follows Wednesday afternoon’s earnings release, and it’s driving strength across AI-linked names. Investors are digesting what the earnings report says about cloud capex, Copilot monetization, and the broader mega-cap earnings setup heading into Amazon’s report. That framing sets up the rest of the reaction across the AI complex.