BUSINESSQUARTZ
Microsoft stock surged after Azure cleared $100 billion for the first time
Microsoft stock surged after Azure reached $100 billion in revenue for the first time. The company exceeded Wall Street expectations with revenue and earnings, driven by a 43% growth rate in Azure during the fourth quarter.
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Adjacent reporting
- Microsoft beats Wall Street expectations with $90B in revenue
- Microsoft beats Wall Street expectations with $90B in revenue
- Microsoft’s cloud just hit a new milestone—Azure crosses $100 billion in annual revenue
- Microsoft beats Wall Street expectations with $90B in revenue
- Microsoft posts strong quarterly results, smashing investor forecasts