Huo Xing Finance reports that, on July 30, according to BIT (bit.com) market data, after U.S. markets opened, Microsoft's stock rose more than 15%, potentially marking its largest single-day gain since March 2020. On Wednesday after hours, Microsoft released its fourth-quarter financial results for fiscal year 2026, reporting revenue of $90 billion, an 18% year-over-year increase. Growth in Azure and other cloud services rose from 40% in the previous quarter to 43%. CEO Satya Nadella stated that Azure's full-year revenue "exceeded $100 billion," growing 41%, marking the first time this business unit crossed the $100 billion threshold.
Microsoft shares surge over 15% in their largest daily gain since March 2020
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Summary
Microsoft shares surged more than 15% in its largest daily market movement since March 2020, following the release of Q4 FY2026 earnings of $90 billion, an 18% year-over-year increase. Revenue growth for Azure and other cloud services reached 43%, with CEO Satya Nadella confirming that Azure’s annual revenue surpassed $100 billion for the first time. Altcoins to watch may attract increased attention as broader market momentum builds.
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