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Microsoft stock pops 9% on earnings beat as Azure annual revenue tops $75 billion

Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. Microsoft shares jumped 9% in extended trading on Wednesday after the company reported better-than-expected earnings and revenue for the fiscal fourth quarter. Here's how the company performed in comparison with LSEG consensus: Earnings per share: $3.65 vs. $3.37 expected $3.65 vs. $3.37 expected Revenue: $76.44 billion vs. $73.8

As White House talks about impounding NASA funding, Congress takes the threat seriously

This has been a good week for the US space agency in terms of the federal budget. On Tuesday, a committee in the US House of Representatives passed a $24.8 billion budget bill for the coming fiscal year. Then, two days later a Senate committee passed a $24.9 billion budget for NASA. Both of these measures would keep funding more or less at the level of the current fiscal year and, for the most part, keep the space agency's programs going on their current trajectories. These bills are not final

A huge fight looms over the NASA budget this fall

This has been a good week for the US space agency in terms of the federal budget. On Tuesday, a committee in the US House of Representatives passed a $24.8 billion budget bill for the coming fiscal year. Then, two days later a Senate committee passed a $24.9 billion budget for NASA. Both of these measures would keep funding more or less at the level of the current fiscal year and, for the most part, keep the space agency's programs going on their current trajectories. These bills are not final

Oracle shares climb 8% as earnings, revenue top estimates

From left, former Fox Corp. Executive Chairman Rupert Murdoch and Larry Ellison, Oracle's co-founder, chief technology officer and executive chairman, listen as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House in Washington on Feb. 3, 2025. Oracle shares rose about 8% in extended trading on Wednesday after the software maker reported results that exceeded Wall Street estimates and signaled that cloud growth will accelerate. Here's how the company did in com