Microsoft’s Best Day Since 2008 Leads US Stocks, While Inflation Worries Remain in the Bond Market - WXXV News 25
Microsoft’s revenue rose 18% and Azure grew 43%, easing investor worries about AI spending and helping U.S. stocks recover.
- Microsoft shares climbed 16% on Thursday after reporting fiscal fourth-quarter revenue of $90 billion, an 18% increase year-over-year, with adjusted earnings of $4.81 per share topping analyst expectations.
- Azure, Microsoft's cloud platform and key barometer of enterprise AI demand, posted 43% growth that exceeded forecasts, reinforcing investor confidence that businesses continue expanding spending on AI-powered cloud services.
- Meta Platforms Inc. diverged sharply from the rally, sinking 9.2% after quarterly guidance missed Wall Street expectations, prompting investors to question when the company's heavy AI infrastructure investments will generate meaningful financial returns.
- Chief Executive Mark Zuckerberg defended the spending, describing computing infrastructure as a "strategic asset" and identifying consumer AI assistants and business automation tools as long-term revenue opportunities.
- Market leadership is expanding beyond the "Magnificent 7" as investors increasingly reward improving fundamentals rather than hype-driven momentum, with analysts noting a recalibration toward companies demonstrating sustained profitability.
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19 Articles
Asian markets rally as Microsoft profit sparks AI stock rebound
Asian markets surged after strong Microsoft earnings reignited buying in AI-linked technology shares. The rebound eased immediate fears over AI spending returns even as yen volatility and oil risks lingered.
US stocks, Nikkei to Kospi: Global equity heatmap you may like to know before the Indian stock market opens on Friday
Global markets toay: US stocks staged a powerful rebound on Thursday, as Microsoft's blockbuster earnings sparked a broad-based rally in technology stocks
Microsoft’s best day since 2008 leads US stocks, while inflation worries remain in the bond market - WXXV News 25
By STAN CHOE NEW YORK (AP) — A monster day for Microsoft’s stock following signals that its big spending on AI is translating into profits led a powerful rebound on Wall Street Thursday, while computer-chip companies regained some of their sharp recent losses. In the bond market, though, worries remained about inflation potentially remaining high for years. The S&P 500 rallied 1.7% and more than recovered its drop from the day before, which wa…
Asian financial markets were reinvigorated by a burst of tech values after encouraging results from Microsoft.
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