Microsoft Shares Rise 1% Premarket Ahead of Q4 Earnings; CapEx Outlook and Azure Growth in Focus

MSFT1.11%
Microsoft rose 1% in premarket trading on Wednesday, ahead of its fiscal fourth quarter earnings report after the market close. Analysts expect the company's Q4 revenue and adjusted earnings per share to each increase 15%, with revenue projected at $87.63 billion, according to Koyfin data. Capital expenditure guidance and Azure cloud service growth will be closely watched; Microsoft has forecast $190 billion in total CapEx for calendar year 2026, while Azure and other cloud services grew 40% in the prior quarter compared to Google Cloud's 82% growth.
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