Microsoft’s Cloud and AI Momentum Drives Record Earnings, Stock Surges 8%

Microsoft shares leapt 8% in after-hours trading following a blockbuster earnings report that showcased the company's dominance in cloud computing and AI. The tech giant posted $76.4 billion in quarterly revenue, an 18% year-over-year increase, with net income soaring 24% to $27.2 billion.

Azure's relentless growth propelled cloud revenue to $46.7 billion, while AI integration across enterprise services fueled operating income growth of 23%. For the full fiscal year, Microsoft achieved $281.7 billion in revenue and $101.8 billion in net income - milestones that underscore its transformation into a cloud-first powerhouse.

The market's enthusiastic response reflects growing investor confidence in Microsoft's ability to monetize AI at scale. As traditional tech giants demonstrate the profitability of advanced computing infrastructure, the ripple effects may extend to cryptocurrency markets where cloud-based validation and AI-driven trading algorithms are gaining traction.