Data: Microsoft's increase expanded to over 15%, expected to create the largest single-day increase since March 2020
According to Gate market data, after the US stock market opened, Microsoft's gains expanded to over 15%, expected to create the largest single-day increase since March 2020.
On Wednesday, after the US stock market closed, Microsoft announced its financial report for the fourth quarter of fiscal year 2026, with revenue of $90 billion, an 18% year-on-year increase. The growth rate of Azure and other cloud services rose from 40% in the previous quarter to 43%. CEO Satya Nadella stated that Azure's full-year revenue "exceeded $100 billion," growing by 41%, marking the first time this business has crossed the $100 billion threshold.
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