Microsoft briefly joined the likes of Amazon and Apple in the trillion-dollar club.
On Wednesday, Microsoft reported strong FY Q3'19 earnings growth across key segments. Total revenues jumped by 14% YoY to $30.6 billion and profits spiked by a healthy 19% YoY to $8.8 billion, both of which were driven by strong services and cloud earnings. The most dramatic rise was Azure, which rocketed by 73% and was a strong contributor to the Intelligent Cloud segment's $9.7 billion revenues.
These figures prompted Microsoft's stock to rise to $130.12, the highest point in 29 years, and propelled its market capitalization briefly past $1 trillion. Only titans like Amazon and Apple have broken the trillion-dollar valuation. Right now Microsoft's shares have dropped slightly to $129.73 and the current market cap sits at $994.4 billion.
As Microsoft continues doubling-down on services, cloud, and enterprise, it could break past the $1 trillion mark again.
Opinion: Game Pass tier with first-party games won't fix the subscription's biggest problem
NVIDIA becomes first company in the world to hit a $4 trillion market value
Xbox delivers record-breaking $21.5 billion revenue amid slight hardware decline
Microsoft CEO awarded record-breaking compensation in the same year 15,000 people were fired
US gamers spend big on Game Pass and PlayStation Plus, subscriptions made $3.6 billion in 2025
RAM crisis is getting worse, Valve engineer warns
Xbox's return to exclusives was decided 'very early on' by CEO Asha Sharma
Xbox console exclusives can include multiplayer games too
Assassin's Creed Black Flag Resynced sells over 3 million copies, New Game+ is coming
Modder plays GTA Vice City and GTA III on a TV inside GTA San Andreas
Enthusiast puts 11 fans and an AiO on an RTX 3080, gains only 4 FPS
Spotify removed 75 million AI-generated tracks in 2025 as it cracks down on royalty abuse
YouTuber claims Sony is using social media bots to push back against backlash over its physical disc announcement
Apple's first OLED iPad mini could launch as early as October
Ryzen 7 7700X3D outperforms Ryzen 7 5800X3D with just one stick of DDR5, making AM4 a terrible option for your next build
SteelSeries Arctis Nova 7 Wireless Gen 2 Headset Review - New and Improved, But Is It Enough?
AMD Ryzen 7 7700X3D Review - Days of Future Past
Samsung 990 2TB SSD Review - Ninth Gen QLC at PCIe Gen4 Speeds
ASUS ExpertBook Ultra (Panther Lake) 14" Business Laptop Review
ASUS ROG Raikiri II Xbox Wireless Controller Review - Ready to Take Control
MOZA FMP18 Panel Bundle Review: authentic F/A-18 Hornet cockpit controls for flight sims
Micron 6600 ION 245.76TB Enterprise SSD Review - Best in Class Programming Speeds
MOZA MA3F EFCM Flight Control Module Review: authentic Airbus A320 autopilot panel for simulators
Turtle Beach Stealth Pro II Wireless Gaming Headset Review - Premium Sound, Fantastic Features
MOZA MGX1000 Instrument Panel Review: a realistic Garmin G1000 replica for immersive flight sims
I use this decade-old free tool that finds files faster than Windows Search does
I install and update most of my apps with this Windows command now, and I stopped downloading sketchy installers
Hisense U6SF 65-inch MiniLED TV: High Performance Meets Leisurely Convenience
I stopped digging through Windows menus after I set up this one folder
Don't sell your Windows laptop until you do these things
6 PC cleaning mistakes to avoid for safer hardware maintenance
Phison and Intel Take Aim at Local AI's Memory Wall with aiDAPTIV
How to Remap Keyboard Keys in Windows using Microsoft PowerToys
7 tips to organize your Windows files for faster, easier access
Intel Arc G3 Extreme first impressions with MSI's Claw 8 EX AI+ - Incredible power for an extreme price