Overview
- Microsoft’s fiscal Q4 posted $76.4 billion in revenue (up 18%) and $27.2 billion in net income (up 23%), led by its Intelligent Cloud division’s $29.9 billion in sales (up 25%) and 39% Azure growth.
- Microsoft shares jumped about 8% in after-hours trading, lifting its market capitalization above $4 trillion and making it the second U.S. company to clear that level.
- Meta Platforms beat Wall Street forecasts with $47.5 billion in Q2 revenue and $7.14 earnings per share, driving its stock more than 9% higher.
- Apple reported third-quarter revenue of $94.04 billion (up 10%) and net profit of $23.43 billion (up 9%), underpinned by record services revenue and resilient iPhone sales under new tariffs.
- Amazon’s Q2 revenue rose 13% to $168 billion with profit up 35% on AWS demand, though its cautious outlook for the third quarter sent shares lower in after-hours trading.