Microsoft is trading at +5.64% now at €366.15 after reporting fiscal Q4 results that beat expectations, driven by significant growth in its cloud division.
- The company posted $90.0 billion in revenue and $4.74 adjusted EPS, with cloud revenue up 27% year over year.
- Azure crossed a major $100 billion annual revenue milestone, which acted as the main catalyst for the current price move.
- The rally reflects a positive market reaction to sustained Azure growth and follow-through from the previous July 29 earnings beat.