Microsoft CEO Satya Nadella (Jason Redmond/Getty Images)

Microsoft powers past Q4 earnings and revenue expectations

Double-digit revenue growth in its cloud and productivity businesses helped push revenue 18% higher.

7/30/25 3:06PM

Shares of Microsoft surged after the company blew past fiscal fourth-quarter earnings and revenue expectations.

Shares were up 7.3% in recent after-hours trading.

The tech giant reported revenue of $76.4 billion, up 18% year on year, surpassing Wall Street estimates of $73.86 billion. Earnings per share came in at $3.65, compared with analysts’ expectations of $3.37, according to FactSet.

Breaking down the results by the company’s businesses:

☁️ 🤖 “Intelligent Cloud” (Azure, server products): $29.9 billion in revenue, up 26% year on year
📝 📊 “Productivity and Business Processes” (Microsoft 365, LinkedIn, Dynamics): $33.1 billion in revenue, up 16% year on year
💻 🎮 “More Personal Computing” (Windows, Xbox, Bing): $13.5 billion in revenue, up 9% year on year

Microsoft CEO Satya Nadella said demand for cloud computing and AI was powering the company’s strong performance:

“Cloud and AI is the driving force of business transformation across every industry and sector. We’re innovating across the tech stack to help customers adapt and grow in this new era, and this year, Azure surpassed $75 billion in revenue, up 34 percent, driven by growth across all workloads.”

Capital expenditures for the quarter were $17.08 billion, compared to analysts’ consensus of $17.84 billion. The company had forecast an increase from the third quarter’s $16.7 billion.

Microsoft’s Azure cloud business grew 39% year on year.

For FY 2025, total revenue was $281.7 billion, up 15%.

The East Side of the US Capitol Building in the early morning, Washington DC, USA.

Group of House Republicans defy leadership and join Democrats to force ACA vote

The subsidies are still likely to end before the deadline.

J. Edward Moreno1h

Luke Kawa

Bitcoin is behaving like a no-fundamentals tech stock

The three-month correlation between the daily changes in the iShares Bitcoin ETF and a Goldman Sachs basket of nonprofitable tech stocks is at a record high.

Matt Phillips2h

Oracle slides on report that data center partner Blue Owl won’t fund $10 billion Michigan facility; company says project is on track without Blue Owl

Oracle shares declined early Wednesday after the Financial Times reported that Blue Owl Capital, the largest funder of Oracle’s data center investment push, will not finance a 1-gigawatt Oracle data center planned for Saline Township, Michigan. The pink-paged periodical reports:

“Blue Owl had been in discussions with lenders and Oracle about investing in the planned 1 gigawatt data centre being built to serve OpenAI in Saline Township, Michigan.

But the agreement will not go forward after negotiations stalled, according to three people familiar with the matter.

The private capital group has been the primary backer for Oracle’s largest data centre projects in the US, investing its own money and raising billions more in debt to build the facilities. Blue Owl typically sets up a special purpose vehicle, which owns the data centre and leases it to Oracle.”

For its part, Oracle told Bloomberg on Wednesday morning that negotiations for a data center project in Michigan are “on schedule” and don’t include Blue Owl.

While not horrible, Wednesday’s drop puts Oracle down 15% so far this week, as the shares continue to be clobbered by rapidly shifting investor sentiment toward lofty AI investment plans.

Oracle is down roughly 45% from the all-time high it hit on September 10, in a plunge that has destroyed more than $400 billion in value. Yowza.

“Blue Owl had been in discussions with lenders and Oracle about investing in the planned 1 gigawatt data centre being built to serve OpenAI in Saline Township, Michigan.

But the agreement will not go forward after negotiations stalled, according to three people familiar with the matter.

The private capital group has been the primary backer for Oracle’s largest data centre projects in the US, investing its own money and raising billions more in debt to build the facilities. Blue Owl typically sets up a special purpose vehicle, which owns the data centre and leases it to Oracle.”

For its part, Oracle told Bloomberg on Wednesday morning that negotiations for a data center project in Michigan are “on schedule” and don’t include Blue Owl.

While not horrible, Wednesday’s drop puts Oracle down 15% so far this week, as the shares continue to be clobbered by rapidly shifting investor sentiment toward lofty AI investment plans.

Oracle is down roughly 45% from the all-time high it hit on September 10, in a plunge that has destroyed more than $400 billion in value. Yowza.

Max Knoblauch2h

Roblox willing to make changes to have its ban lifted in Russia, one of its biggest markets

Gaming platform Roblox on Wednesday said it is willing to make certain changes in order to have its ban lifted in Russia.

Russia banned Roblox earlier this month, alleging that the platform hosted “extremist materials” and “LGBT propaganda.” The country is a top 5 market for Roblox.

Shares were up 0.7% in recent trading.

The company is “ready to temporarily limit communication features in Russia and to revise our content moderation processes to address the legal requirements necessary to restore our community’s access to the platform,” a Roblox spokesperson told Reuters.

Russian media has reported that children in the country have sent thousands of letters in protest of the ban. Last week, JPMorgan downgraded Roblox. The firm said Russia’s ban could affect up to 10 million daily active users for the company.

Roblox gaming platform says it is ready to make changes to get Russian ban lifted

Shares were up 0.7% in recent trading.

Max Knoblauch4h

Joby announces plans to double its air taxi manufacturing to 4 per month by 2027

Air taxi maker Joby Aviation on Wednesday announced that it’s making investments in equipment, facilities, and employees to double its aircraft output — to four per month — by 2027.

The company said it’s working to finalize an alliance with investor Toyota that will support the increase.

The aircraft will be produced in California and Ohio.

Earlier this year, Joby announced that it had received a $250 million investment from Toyota. The automaker had also made a $400 million investment in Joby in 2020.

Joby Announces Plans to Double Manufacturing Capacity in United States