Microsoft (MSFT) just reported the quarter investors wanted to see. While investors punished Meta (META) for its disappointing Q2, they celebrated Microsoft’s results. MSFT stock closed 15.51% higher Thursday, even though it is down 4% year-to-date (YTD). Microsoft delivered accelerating AI demand, exceptional financial strength despite high spending, and growing evidence that its massive AI investments are already translating into higher profits.
Here are the three biggest reasons investors rushed to buy MSFT stock.