"Shares of Microsoft (NASDAQ:MSFT) lost 0.03% over the past five trading sessions after losing 0.27% the five prior. That brings MSFT's year-to-date gain to 13.75%, including a more than 3r4% gain since its year -to-date low on April 8. When the Magnificent Seven member reported FY 2026 Q1 earnings on Oct. 29, shares fell despite beating on EPS and revenue. The company announced earnings of $3.72 per share versus analysts' expectations of $3.67, and quarterly revenue of $77.67 billion versus analysts' expectations of $75.33 billion."
"On Oct. 1, the company announced that it was increasing its Xbox Game Pass subscription by 50%. In its last fiscal year, Microsoft saw more than 8% of revenue derived from its gaming segment, which now boasts 50 million monthly active subscribers and nearly $5 billion in YoY revenue. Microsoft's decision in May - or 3% of its workforce - signals the tech giant is serious about cost discipline amid economic uncertainty. With analysts eyeing sustained cloud demand, fire 6,000 employees 24/7 Wall St. conducted"
Microsoft reported FY2026 Q1 earnings of $3.72 per share and revenue of $77.67 billion, both above analyst expectations, yet shares fell after the release. Year-to-date gains reached 13.75%, with a rebound from an April low. Xbox Game Pass pricing increased 50%, while gaming accounted for over 8% of revenue, with 50 million monthly active subscribers and nearly $5 billion in year-over-year gaming revenue. The company reduced about 3% of its workforce (roughly 6,000 roles) as a cost-discipline measure. Strong Intelligent Cloud demand, $80 billion in cash, and major AI and cloud investments underpin future growth, including a $400 million Swiss data center expansion.
Read at 24/7 Wall St.
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