Microsoft reported quarterly results beating analyst expectations with revenue of $90 billion, EPS of $4.74 and net income of $35.8 billion. Azure crossed $100 billion in annual revenue while Microsoft 365 Copilot subscriptions reached 30 million. OpenAI contributed $24.1 billion in revenue, raising questions about Microsoft’s AI dependence. The results drove the stock up 17%, the biggest one-day gain since 2008, adding approximately $483 billion in market value.
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