Stocks
Microsoft Soars to Best Quarter Since 1991 on Strong Azure Growth
Microsoft's third quarter of 2026 was its best since 1991, with a 39% surge in stock value. The tech giant closed at $512.90 on September 30, after adding 0.77% in the final session.
Azure and Copilot were major contributors to the rally, with Azure revenue jumping 43%. Microsoft 365 Copilot passed 30 million paid seats, and management is moving to a 'per seat plus consumption' model.
Fiscal fourth-quarter revenue came in at $90 billion, up 18%, with Azure passing $100 billion in annual revenue. Shares rose from $395.49 to $464.72 after the filing.