Jul 31, 2026
✦The Economic Times
Microsoft's AI Bet Pays Off: Key Takeaways From Its Blockbuster Quarter
Microsoft shares soared nearly 16% after the company reported strong earnings. This gain marked the biggest single-day rise since 2008. Investors got a boost as Azure cloud growth showed that AI investments are finally paying off. Many firms now use Copilot tools, helping Microsoft turn artificial intelligence into steady revenue.