WSJ Tech News Briefing · Wednesday, July 29, 2026
Microsoft announced significant revenue and net income increases for the quarter ending in June, driven by strong cloud growth and a rising number of paid AI subscribers. CEO Satya Nadella highlighted that Azure revenue surpassed $100 billion for the first time and Microsoft 365 Copilot has over 30 million paid seats.
“Microsoft reported strong cloud growth and a boost in the number of paid AI subscribers.”
“For the quarter ended in June, Microsoft reported that revenue rose 18% to $90 billion and net income jumped 31% to $35.8 billion, both beating Wall Street expectations.”
“CEO Satya Nadella said that Azure revenue topped $100 billion for the first time, and Microsoft 365 Copilot reached over 30 million paid seats.”