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Windows Central
Windows Central
Technology
Jez Corden

Microsoft stock price rips on earnings, jumping a 'record breaking' 18% in a week — Wall Street *really* liked Microsoft's earnings

Microsoft Satya Nadella Google Xbox
Microsoft CEO Satya Nadella with a stock price rally background.

Microsoft's stock price has seen a huge spike upwards as a result of its FY26 earnings report, which outstripped expectations by a considerable margin.

While Xbox and Windows were down 4% overall, with Xbox specifically down 11%. But these consumer-facing businesses are not what moves Microsoft's stock price in 2026. The core of Microsoft's operation, essentially Azure and AI, is vastly beating expectations.

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