Microsoft reported its AI business reached a $37 billion annual run rate, growing 123% year over year. Azure revenue grew 40% annually as a top AI development platform. The company achieved 18% revenue growth with projected 15% and 17% growth in Q4 2026 and fiscal 2027 respectively. Microsoft stock traded at $417.14 with a 2.55% decline, down $10.90, on a $3.1T market cap.
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Why Astera Labs Rocketed Higher in May
Summary by ByteBrief