Microsoft is set to report Q4 FY25 earnings, with Wall Street expecting strong results driven by AI demand and cloud growth — amid rising capital costs and layoffs tied to its rapid AI transformation.

Microsoft (NASDAQ: MSFT) shares jumped more than 6% in after-hours trading Tuesday after the tech giant reported fourth-quarter results that exceeded Wall Street expectations, driven by booming demand for cloud and

Microsoft Corp. is set to become the second company in the world to reach a $4 trillion market capitalization after reporting quarterly earnings that beat Wall Street’s expectations, sending the stock soaring in extended trading Wednesday.

Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming sales in its Azure cloud computing business showcased the growing returns on its massive bets on artificial intelligence.

Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of slowing.