Microsoft is trading 4.07% up in pre-market at $552.60 after its October 28 earnings beat.
- Revenue was $92.3 billion, and adjusted earnings per share of $4.89 topped estimates.
- Azure revenue grew 48%; Microsoft guided to 49%–50% constant-currency Azure growth for the next quarter.
- Regular-session trading was at $531.01 on October 28. Broader technology sentiment is weak in pre-market, making earnings and the cloud outlook the clearest identified catalyst.