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Business briefing · Wednesday, October 28, 2026 · Evening edition · Story 4 of 5
Microsoft reports $36 billion net income with 30% cloud revenue increase
Microsoft reported $36 billion net income and increased cloud revenue by 30%. The company now reports earnings under two operating segments instead of three.
Why it matters: Microsoft's strong financial performance and growing cloud business highlight its significant role in the tech industry.
Sources: Forbes Business · Fortune
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