Microsoft Shares Rise 5.95% as Anthropic Commits at Least $44.9B to Cloud
Photo: TokenPost
Microsoft shares climbed 5.95% to $552 in Wednesday trading as the company reported 19% quarterly revenue growth and Anthropic committed at least $44.9 billion to its cloud services. Microsoft released its fiscal first-quarter results Oct. 28 for the quarter ended Sept. 30. Revenue reached $92.28 billion, up 19% from a year earlier, while net income increased 32% year over year to $36.63 billion. Azure revenue increased 48%, and Microsoft Cloud revenue totaled $63.9 billion. Anthropic's minimum commitment covers cloud services from November 2026 through June 2033, regardless of actual usage.
Source: TokenPost
