Microsoft’s shares surged after reporting a 13% increase in total revenue to $70.1 billion, surpassing analyst estimates. The company also saw strong profit growth, with adjusted earnings per share reaching $3.46. Despite economic uncertainty and tariffs, cloud sales appear to be holding steady. This is the second consecutive quarter Microsoft has reported strong cloud growth, indicating continued demand for its cloud services.
Source: https://www.bloomberg.com/news/articles/2025-04-30/microsoft-posts-strong-revenue-growth-on-cloud-unit-expansion