Microsoft reported Azure revenue surged 43% year-over-year in fiscal Q4 2026, beating Wall Street estimates of around 40% growth. Microsoft Cloud crossed the $100 billion annual revenue threshold for the first time, marking a historic milestone. Shares jumped more than 4% in after-hours trading, with some reports citing gains of 9.8%. The company guided for 45% Azure growth in fiscal Q1 2027, surpassing analyst expectations of approximately 41%.
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