Microsoft Shares Surge on Cloud Growth Results

1. 1Microsoft (MSFT) shares jumped after the company reported strong cloud growth results.
2. 2Azure's annual revenue surpassed $100 billion for the first time, and paid Copilot users rose by 10 million quarter-over-quarter to 30 million.
3. 3Remaining performance obligations of $668.0 billion came in above expectations of $647.6 billion, while capital expenditure of $175.0 billion signaled disciplined spending, bolstering market confidence.

Source Yahoo Finance Video +1 · View original ↗

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