● MICROSOFT AZURE REVENUE JUMPS 48% YEAR OVER YEAR

Microsoft's cloud business is growing more than twice as fast as the rest of the company. Azure revenue hit $33.2 billion in the fiscal first quarter, up 48% year over year, while total company revenue rose only 19% to $92.3 billion. Diluted earnings per share climbed to $4.92, up from $3.72 a year earlier, as $MSFT's AI and cloud buildout keeps outrunning the rest of the business.