Technology · Redmond, United States · United States of America · October 28, 2026

Microsoft beats forecasts; Alphabet sinks 10%

Reported by 4 outlets · first reported Oct 28, 6:07 PM ET

Microsoft revenue was $92.3 billion with Azure up 48%. Its stock rose 4%. Alphabet missed forecasts and fell 10%.

Why it matters

Results show uneven returns from AI spending.

Background

Both firms spend heavily on data centers.

Sources

• CNBC ↗Oct 28, 6:34 PM ET
• CNBC ↗Oct 28, 6:07 PM ET
• The Guardian ↗Oct 28, 6:44 PM ET

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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