Microsoft Stock Today: Why MSFT Is Flat Before a Crucial Azure Earnings Test
Microsoft shares edged up 0.3% to $426.14 Tuesday as investors awaited fiscal third-quarter results due Wednesday. The company’s revised OpenAI deal allows OpenAI to serve customers on any cloud, ending Microsoft’s exclusive rights but keeping it as primary partner. Azure revenue is expected to rise about 40% for the quarter. Microsoft will receive a 20% cut of OpenAI revenue through 2030.