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Microsoft Reports 32% Profit Surge Driven by Strong Cloud Business Growth

Technology News

Microsoft Reports 32% Profit Surge Driven by Strong Cloud Business Growth

Microsoft beats expectations fuelled by Azure cloud business

The Straits Times

Microsoft beats expectations fuelled by Azure cloud business

Microsoft beats expectations as Azure cloud revenue lifts quarterly earnings and offsets heavy AI spending.

Microsoft’s profit jumps 32% despite big increase in spending

The Straits Times

Microsoft’s profit jumps 32% despite big increase in spending

Microsoft profit jumps 32% as AI spending boosts Azure revenue and cloud growth.

Microsoft Quarterly Profit Soars as Cloud Growth Accelerates

The Wall Street Journal

Microsoft Quarterly Profit Soars as Cloud Growth Accelerates

The company’s cloud business growth continued to accelerate, contributing to a higher profit and easing jitters over potential returns from the AI build-out.

Microsoft’s Profit Jumps 32% Despite Big Increase in Spending

The New York Times

Microsoft’s Profit Jumps 32% Despite Big Increase in Spending

The company’s free cash flow stayed positive in the last quarter even as it spent $45.2 billion on capital expenses like data centers and offered to pay workers to leave.

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