US Stock Market Move | Microsoft Corporation (MSFT.US) rose over 3%, with Azure's annual sales exceeding 100 billion dollars.
On Thursday, Microsoft (MSFT.US) rose over 3%, reaching $512.33.
On Thursday, Microsoft Corporation (MSFT.US) rose over 3%, reaching $512.33. In news, on September 3, Microsoft Corporation announced that starting from the fiscal year 2027, it will disclose Azure sales figures quarterly and combine its Intelligent Cloud and Productivity and Business Processes segments into a new "Agency and Infrastructure" division; as of the end of June, Azure sales for the fiscal year exceeded $100 billion, up from $75 billion in the previous fiscal year, accounting for approximately 30% of the company's total revenue.
This increase in disclosure is expected to provide investors with a clearer benchmark to assess Microsoft Corporation's progress in commercializing artificial intelligence. Azure has been viewed by the market as an important indicator of Microsoft Corporation's AI business, and analysts have long faced challenges in accurately valuing it due to insufficient information.
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