Amy Hood
Coverage of Amy Hood in the Nexus archive.
- Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms
Microsoft’s stock surged 17%, its largest one-day gain since 2008, adding $483 billion in market value as strong cloud business performance and Azure’s $100 billion revenue milestone exceeded expectations. OpenAI contributed $24.1 billion in fiscal 2026 revenue, highlighting Microsoft’s AI-driven growth.
- Meta and Microsoft's AI spending: a tale of two earnings reports
Meta's AI spending increased to $31.1 billion, causing a significant drop in free cash flow and a 10% stock decline, while Microsoft maintained its AI budget and saw an 8% stock rise after reporting Azure and Microsoft 365 Copilot successes.
- Microsoft CFO's internal memo tells employees that its biggest AI bets are paying off
Microsoft CFO Amy Hood's internal memo highlighted progress in Azure and Microsoft 365 Copilot as evidence that the company's AI investments are paying off. The memo emphasized growth in cloud revenue, significant capital expenditures for data centers, and a focus on security.