Microsoft beats quarterly revenue estimates as AI shift bolsters cloud demand

Microsoft forecasts strong growth for Azure cloud business, shares surge 7pct

KUALA LUMPUR: Microsoft forecast on Wednesday stronger-than-expected quarterly growth for its cloud-computing business Azure after blowout results in the latest quarter, calming investor worries in an uncertain economy and lifting its shares 7 per cent after hours. © New Straits Times Press (M) Bhd

Microsoft CEO Satya Nadella says software is the 'most malleable resource' to combat 'any type of inflationary pressure'

Microsoft CEO Satya Nadella said in the case of a recession, the company would focus on both helping its customers and buttressing its stock price. Amid an uncertain economic outlook in the fallout of Trump’s so-called “Liberation Day” tariffs, Microsoft posted a strong quarter and all three of its businesses exceeded expectations.  Microsoft CEO Satya Nadella is doubling down on the $2.9 trillion software giant’s customer-first strategy amid ec…

Microsoft technology company reported higher than expected sales and profits this Wednesday at the close of the first three months of 2025, driven mainly by the performance of its cloud computing platform, Azure. Revenues in the period increased by 13%, reaching US$70.1 billion, above the analysts’ average estimate, which was US$68.5 billion. “We had a solid quarter with Microsoft Cloud revenues of US$42.4 billion, an increase of 20% (an increas…

Microsoft is putting billions in new data centers and thus raises doubts among analysts. Now, with unexpectedly strong balance sheets, the software group provides proof that the investments are paying off. Share price increases by six percent on a post-market basis.

Microsoft says quarterly profits up 18% as it weathers tech sector turbulence with cloud growth

Microsoft on Wednesday said its profits rose 18% for the January-March quarter, driven by its growth in its cloud computing and artificial intelligence business in a turbulent time for the tech sector. The company reported quarterly net income of $25.8…

The company's net profit peaked at $25.8 billion in the third accounting quarter of the staggered year, an increase of 18% over one year.