Shares of tech giant Microsoft (NASDAQ:MSFT) jumped 4.5% in the afternoon session after the company reported impressive fiscal fourth-quarter earnings that surpassed analyst expectations, fueled by significant growth in its cloud and artificial intelligence divisions.

Microsoft Corp. (NASDAQ: MSFT) is reminding investors why it’s a market bellwether. Shares are up more than 6% after a blowout earnings report driven by artificial intelligence (AI) and cloud growth.

Live Updates Live Coverage Has Ended More Azure Numbers 4:40 pm by Eric Bleeker Microsoft finally gave Azure numbers today, saying the business recorded $75 billion in revenue for the fiscal year. Here’s what’s amazing: Azure’s run rate is even higher at $86 billion and the business is growing at a 39% pace.