Today: Meta, Microsoft Earnings Help Ease Fears of Tariff Hit to Magnificent Seven

 

As of May 1, 2025, Microsoft's stock price stands at $428.51, reflecting an 8.4% increase from the previous close. The stock reached an intraday high of $436.44 and a low of $423.00, with a trading volume of approximately 35.95 million shares. Microsoft's market capitalization now exceeds $2.79 trillion.

In its fiscal third quarter, Microsoft reported:

• Revenue: $70.1 billion, a 13% year-over-year increase.

• Net Income: $25.8 billion, or $3.46 per share, surpassing analyst expectations of $3.22 per share.

• Azure Growth: 35% year-over-year, outpacing the anticipated 31%.

• Operating Income: $32 billion.​

These results were driven by robust performance in Microsoft's cloud services, particularly Azure, and its productivity suite, including Office 365. CEO Satya Nadella emphasized the company's strategic investments in AI and cloud infrastructure as key growth drivers