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Microsoft Shares Surge 9.5% as Azure Hits $100 B

8/4/2026

34 6 Full Breakdown

Summary

Story summary

Microsoft shares jumped 9.5% in after-hours trading after fiscal 2026 Q4 results highlighted AI progress.
Azure revenue topped $100 billion for the first time while total Microsoft Cloud revenue rose 27% YoY to $214 billion.
Paid seats for Microsoft 365 Copilot doubled to 30 million users.
The stock’s P/E is about 23.7, the third-cheapest among the Magnificent Seven despite a 17.4% YTD decline.

History

Historical Context

In 2012 AWS launched its first re:Invent conference, where Netflix announced a full migration to the platform. Rapid adoption helped AWS post a $2.4 billion Q4 2015 revenue, a 78 % jump from the prior year and marked Amazon’s first public profit disclosure for the cloud unit. This scale made cloud computing a core enterprise profit driver, prompting rivals such as Microsoft to expand AI-focused services.

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Story summary

Microsoft shares jumped 9.5% in after-hours trading after fiscal 2026 Q4 results highlighted AI progress.
Azure revenue topped $100 billion for the first time while total Microsoft Cloud revenue rose 27% YoY to $214 billion.
Paid seats for Microsoft 365 Copilot doubled to 30 million users.
The stock’s P/E is about 23.7, the third-cheapest among the Magnificent Seven despite a 17.4% YTD decline.

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