Microsoft shares climbed 2.7% to €465.40 on Wednesday amid a broader recovery across major US technology names, with the rebound in AI-linked equities first reported by the Associated Press providing the immediate catalyst; no fresh Microsoft announcement was cited as the trigger. On October 28, Microsoft posted quarterly revenue of $92.3 billion, up 19% year over year, while Azure revenue jumped 48% and remaining commercial performance obligations swelled 73% to $677 billion. Operating income reached $45.9 billion, and diluted GAAP earnings per share came in at $4.92, a 32% increase over the prior-year figure. Despite that showing, Microsoft could not decouple from the weak technology tape on Tuesday, with media reports describing the stock coming under pressure alongside other tech and AI names amid persistent sector weakness following the prior week's selloff. Separately, Microsoft and Lumen Technologies said Tuesday they had widened their collaboration on selling AI-capable enterprise networks, emphasizing joint customer business and tighter coordination on serving shared clients, and will examine whether additional Lumen offerings can be brought into Azure and the Microsoft Marketplace, though that remains a review item rather than a completed technical integration. Microsoft also announced Thursday the pricing of $25 billion in senior unsecured notes, with the offering expected to close on November 4, 2026.