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Microsoft Azure cloud-computing revenue increased 43% during the fiscal fourth quarter, above expectations of 40%.

ARM (NASDAQ:ARM) reported record first-quarter fiscal 2027 results, with revenue rising 22% year over year to $1.29 billion as demand for its computing platform expanded across cloud AI infrastructure, edge devices and physical AI applications. Chief Executive Officer Rene Haas said the company del

U.S. equity futures were little changed on Wednesday as investors digested Microsoft, Meta and Qualcomm earnings and the Federal Reserve’s decision.

While the top- and bottom-line numbers for Microsoft (MSFT) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

When Microsoft reported killer fourth-quarter earnings for its fiscal 2026 year (which ended June 30), it tucked in an interesting little tidbit about how its investments in the two biggest, and competing, AI labs are doing.

Microsoft reported that revenue from its Azure cloud business surpassed $100 billion for the first time in fiscal year 2026, which ended in June. The disclosure was notable because Microsoft historically doesn’t break out revenue for that business, making it difficult to compare it with rivals Amazon Web Services and Google Cloud.

The $3 trillion market cap club will be crowded in 2027.

Facebook-parent Meta reported profits on Wednesday that fell short of Wall Street expectations, as the cost of staying in the race to deploy artificial intelligence -- along with hefty legal and severance charges -- hurt its bottom line.At Meta, the profit decline was driven largely by one-time items, including $2.4 billion in charges tied to legal proceedings and $1.2 billion in severance from a round of layoffs in May.

D.A. Davidson head of technology research Gil Luria reacts to Microsoft's fiscal fourth quarter earnings and revenue results, going on to explain two bear cases for the Big Tech stock.

Microsoft cloud unit grew at the fastest pace in four years, suggesting that the company's computing infrastructure and artificial intelligence services continue to make inroads with businesses. Azure cloud-computing revenue increased 43% during the fiscal fourth quarter, the company said Wednesday in a statement. That was the fastest quarterly growth since early 2022, and topped analysts' average growth estimate of about 40%. Azure sales topped $100 billion for the first time during the fiscal year ended in June.  Bloomberg Tech Host Ed Ludlow reacts to earnings

On July 29, 2026, a hawkish shift from three Federal Reserve officials rattled investors who were already bracing for geopolitical risks.

Microsoft posted strong results for its quarterly earnings on Wednesday, beating expectations and showing strong growth in its cloud computing platform and a boost in paid AI users. Analysts surveyed by FactSet Research had expected the company to earn $4.24 per share on revenue of $87.62 billion this quarter. Microsoft Cloud revenue was $59.3 billion this quarter, up 27% year-over-year.

Microsoft Azure cloud-computing revenue increased 43% during the fiscal fourth quarter, above expectations of 40%.

The stock market sold off as oil prices surged on Trump's Iran threats. Microsoft, Meta and Fortinet were key earnings movers late.

Microsoft crushed Wall Street's targets for its fiscal fourth quarter thanks to cloud computing and AI strength. Microsoft stock rose late.

Microsoft's (MSFT) fiscal fourth-quarter results topped Wall Street's expectations, driven by a reve

Software giant ends fiscal year with $90 billion in quarterly sales, beats Wall Street expectations.

Microsoft and Meta reported ballooning AI costs on Wednesday, but Microsoft still managed to increase its profits, while Meta posted a sharp earnings decline.

Microsoft (MSFT) rise after reporting Q4 results. Market Domination Host Josh Lipton delivers the latest earnings details as the numbers cross the wire.

Microsoft topped Wall Street estimates for quarterly cloud revenue growth on Wednesday, a sign its massive spending on AI infrastructure was paying off ‌as capacity constraints ease and more businesses adopt the technology. Shares of Redmond, Washington-based Microsoft were up about 3% in extended trading. "This year, Azure revenue surpassed $100 billion for the first time, and Microsoft 365 Copilot reached over 30 million paid seats, reflecting the confidence customers are placing in us to power their AI transformation," CEO Satya Nadella ‌said.

(Updates with index/price moves and Federal Reserve/geopolitical news from the first paragraph.)

SK Hynix delivered a blockbuster earnings report on Wednesday, only to watch its stock crater. On Bloomberg Daybreak Europe, host Lizzy framed the paradox: “A sixfold surge in profits just isn’t enough. SK Hynix slumps as the chip giant says capital spending will rise around 50% this year.“ The Korean memory maker’s operating profit jumped ... SK Hynix’s Profits Explode 550%, but Its $31 Billion Spending Plan Sends Investors Running

Credit markets are pricing in more risk for the software company than for its hyperscaler peers.

Despite geopolitical and market challenges, KPIT Technologies Ltd (BOM:542651) focuses on strategic partnerships and innovation to drive future growth.

Amazon stock is on a losing streak coming into its Q2 earnings report but could highlight AI enterprise momentum.

Amazon's latest borrowing attracted substantially weaker demand as technology companies issued $194 billion to finance AI investment.

Strong cloud demand may not silence spending concerns

US benchmark equity indexes fell intraday as traders awaited the Federal Reserve's policy decision a

(Updates with index/price moves and Fed/company/geopolitical news from the first paragraph.) US e

Tech stocks were lower Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF