Microsoft Stock Surges on Robust Cloud and AI Performance

Microsoft Corp. shares climbed more than 7% in extended trading after delivering quarterly results that exceeded analyst expectations, powered by accelerating demand for cloud and artificial intelligence services. The tech giant's Intelligent Cloud segment, including Azure infrastructure services, posted 26% revenue growth to $29.89 billion—outpacing market projections.

The company revealed Azure surpassed $75 billion in annual revenue for the first time, with CEO Satya Nadella emphasizing AI-driven transformation across industries. Microsoft's fiscal fourth-quarter net income jumped to $27.23 billion from $22.04 billion a year earlier, underscoring the profitability of its enterprise cloud transition.

This performance extends Microsoft's 2025 rally to 22% year-to-date, with after-hours trading pushing shares beyond $552—a fresh record high. The results demonstrate how cloud infrastructure providers continue to benefit from enterprise digital transformation budgets, though no direct cryptocurrency exposure was noted in the earnings report.