On April 29, Microsoft reported third-quarter fiscal 2026 results for the period ended March 31, beating market expectations. Q3 revenue reached $82.886 billion, up 18% year-over-year and above the expected $81.4 billion; GAAP net profit grew 23% to $31.778 billion; non-GAAP diluted earnings per share came in at $4.27, exceeding the expected $4.06.
Microsoft CEO Satya Nadella highlighted that the company’s AI business achieved annualized revenue of over $37 billion, up 123% year-over-year. Azure cloud growth reached 40%, surpassing market expectations of 37%. For the next quarter, Microsoft guided revenue to $86.7–$87.8 billion, with Azure expected to grow 39–40%. CFO Amy Hood projected full-year 2026 capex at $190 billion, a 61% increase from 2025, driven by data center infrastructure investments and component price increases of approximately $25 billion.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Schneider Electric Q1 Revenue Hits 9.8B Euros, Lifted 11.2% by AI Data Center Demand
According to Reuters, Schneider Electric reported first-quarter revenue of 9.8 billion euros (US$11.4 billion) on April 30, with organic growth lifted to 11.2% by AI data center demand. The French power and cooling equipment supplier said the result was slightly above consensus estimates and
GateNews2m ago
Ripple Altcoin XRP Continues to Trade at Steady Low Prices as the Blockchain’s Accomplishments Outperform
Ripple altcoin XRP continues to trade at steady low prices.
The blockchain’s accomplishments continue to outperform.
This steady activity and milestone completions create bullish hype for XRP price.
The crypto community is once again in low spirits as
CryptoNewsLand2m ago
European Stock Indices Fall on Opening, DAX30 Down 0.9%, CAC40 Down 1.3%
According to ChainCatcher, citing Golden Ten Data, major European stock indices declined during today's opening. Germany's DAX30 fell 0.9%, France's CAC40 dropped 1.3%, and Europe's Stoxx 50 index declined 1.2%.
GateNews37m ago
Tether proposes merging with Twenty One’s three parties: treasury + mining + finance
Tether Investments proposed on April 29 to conduct a three-way merger between Twenty One Capital (XXI, a Bitcoin custody company listed on Nasdaq), the Bitcoin financial services platform Strike founded by Jack Mallers, and the private Bitcoin mining company Elektron Energy. Tether’s official announcement said the move is intended to strengthen XXI’s structure, capital allocation, and long-term roadmap. After the news was released, XXI’s stock price rose.
Business combination after the merger: a one-stop chain covering custody, mining, and financial services
The three companies each have different core businesses; after integration, they will form a single listed company that covers the entire Bitcoin industry upstream, midstream, and downstream:
Twenty One Capital (XXI) is a Bitcoin custody company, which originally was already backed by
ChainNewsAbmedia1h ago
SEC Approves Nasdaq ISE Proposal to Raise IBIT Options Limits to 1M Contracts
According to SEC filing SR-ISE-2025-26, the U.S. Securities and Exchange Commission approved Nasdaq ISE's proposal on April 30 to raise iShares Bitcoin Trust (IBIT) options position and exercise limits from 250,000 to 1 million contracts. The SEC determined the new limit complies with securities
GateNews1h ago
SoFi Reports $1.1B Q1 Revenue, Up 41% YoY; Launches SoFiUSD Stablecoin
According to Businesswire, SoFi Technologies reported Q1 2026 net revenue of $1.1 billion, up 41% year-over-year, with net income of $167 million on April 30. The company achieved GAAP profitability for the tenth consecutive quarter.
SoFi announced the official launch of
GateNews2h ago
