Microsoft Shares Rise Nearly 4% After First-Quarter…
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
Microsoft reported fiscal first-quarter results above Wall Street expectations on Wednesday, with revenue reaching $92.28 billion and Azure revenue growing 48% year over year. Shares rose nearly 4% in after-hours trading as investors assessed the cloud business's growth against the cost of expanding AI infrastructure. For the quarter ended September 30, Microsoft reported adjusted earnings per sha…