Microsoft shares are rising strongly before the company’s earnings report on April 29. The stock has gained nearly 19% from its March low, reaching around $415.
This recovery comes after Microsoft shares had fallen 34% from their 52-week high. Now, investors are closely watching whether the company can continue this upward move.
The biggest focus is on Azure cloud growth, as Microsoft’s cloud business remains one of its strongest income sources. Investors also want updates on the company’s heavy spending in Artificial Intelligence (AI) infrastructure.
Another key point is Microsoft’s connection with OpenAI, the company behind ChatGPT. Many traders believe Microsoft could benefit from OpenAI’s growing demand and future backlog.
If Microsoft delivers strong earnings and positive AI guidance, the stock may continue higher. However, weaker results could bring short-term pressure.
Overall, Microsoft remains one of the most watched tech stocks as the AI race continues.