Microsoft beats Wall Street expectations for fourth quarter in a row amid AI boom

<p>Tech giant has committed to investing $80bn in artificial intelligence this fiscal year as it reveals revenue of $70.07bn</p><p><a href="https://www.theguardian.com/technology/microsoft">Microsoft</a> released its quarterly earnings report on Wednesday after the New York stock market closed, beating Wall Street’s expectations for the fourth quarter in a row amid a financial boom for artificial intelligence businesses.</p><p>The company revealed revenue of $70.07bn and earnings of $3.46 per share. The result exceeded analyst predictions that revenue would grow to $68.42bn, or 10.6% year-over-year, and that earnings-per-share would come in at $3.22.</p> <a href="https://www.theguardian.com/technology/2025/apr/30/microsoft-earnings-report">Continue reading...</a>