By Neha Gupta
Publication Date: 2026-05-06 19:01:00
Microsoft Corp (NASDAQ:MSFT) is one of the best stocks to buy in 2026 according to billionaire George Soros. Microsoft Corp (NASDAQ:MSFT) released its fiscal Q3 2026 (ended March 31) report on April 29. It reported an 18% YoY increase in revenue to $82.9 billion, supported by strong growth in the cloud business. That was more than Street expectations of $81.39 billion.
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Microsoft’s cloud revenue soared 29% YoY to $54.5 billion, and there’s more to come. The company reported that the commercial remaining performance obligation in its cloud business increased 99% to $627 billion. This is how much the company expects to earn from its existing contracts and customers. The company also reported strong performance in its AI business, which grew 123% YoY and exceeded an annual run rate of $37 billion.
Microsoft’s net income rose 23% YoY to $31.8 billion in the quarter….
