Microsoft stock jumps 4% as cloud growth drives earnings and revenue beat
Azure revenue surges 48 per cent to lift quarterly performance
Shares in Microsoft advanced by four per cent after the technology firm surpassed market forecasts for revenue and profit. The strong performance was underpinned by a 48 per cent rise in revenue from its Azure cloud infrastructure division. Robust enterprise appetite for computing capacity continues to bolster the company's financial momentum.
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This summary was written by the GPU Data Hub desk from reporting published by CNBC Technology on 29 Oct 2026, 06:03. Read the full article at the original publisher.
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