Prof G Markets · Thursday, July 30, 2026
Microsoft reported an 18% year-over-year revenue increase and 32% profit growth, with its cloud business, Azure, accelerating to 43% growth. This performance exceeded analyst expectations and is seen as breaking negative AI narratives previously affecting the company's stock.
“Microsoft on the other hand had great news. Revenue was up 18% year-over-year profits grew 32%.”
“Azure, its cloud business accelerates to 43% growth, which was faster than last quarter and faster than analysts expected.”
“The stock popped as much as 10% after the bell.”