Microsoft Corp. reported strong fiscal fourth-quarter 2025 earnings, surpassing Wall Street expectations with an EPS of $3.65 versus the estimated $3.37 and revenue of $76.44 billion compared to the projected $73.89 billion, marking an 18% year-over-year increase. The company's Intelligent Cloud segment generated $29.88 billion in revenue, beating estimates of $29.1 billion, driven by a 39% growth in Azure and other cloud services, surpassing the expected 34.2% growth. Microsoft Cloud revenue reached $46.7 billion, up 27% year-over-year, with Azure annual revenue surpassing $75 billion, a 34% increase. Operating income rose 23% to $34.3 billion, and net income increased 24% to $27.2 billion. CEO Satya Nadella highlighted Azure's growth across all workloads and the company's leadership in AI infrastructure, noting expansion with over 400 data centers worldwide. Following the earnings release, Microsoft shares rose over 6% in after-hours trading, pushing the company near a $4 trillion market capitalization. Amazon.com Inc. also reported better-than-expected second-quarter 2025 results, with EPS of $1.68 beating the estimate of $1.33, and net sales of $167.7 billion surpassing the forecasted $162.15 billion, reflecting a 13% year-over-year increase. AWS sales reached $30.87 billion, up 17.5% year-over-year, slightly above estimates. Operating income was $19.2 billion, exceeding the expected $16.77 billion, with an operating margin of 11.4%. Amazon provided third-quarter guidance with net sales projected between $174 billion and $179.5 billion and operating income between $15.5 billion and $20.5 billion. Despite a slight decline in after-hours trading, Amazon's results underscore continued growth in its cloud and retail businesses. Apple Inc. reported fiscal third-quarter 2025 earnings that exceeded expectations, with EPS of $1.57 versus the estimated $1.43 and revenue of $94.04 billion compared to the forecasted $89.3 billion, representing a 10% year-over-year increase. iPhone revenue grew 13% to $44.58 billion, surpassing estimates, while services revenue rose 13% to $27.42 billion. Mac sales also beat estimates, reaching $8.05 billion. However, iPad and wearables revenue declined. Greater China revenue increased 4% to $15.37 billion. Operating margin remained steady at 30%. Apple shares rose modestly in after-hours trading. The company continues to focus on innovation and AI integration amid tariff challenges. The strong earnings reports from Microsoft, Amazon, and Apple contributed to gains in U.S. equity futures, with Nasdaq futures approaching an all-time high and the S&P 500 futures rising 0.8%. Meta Platforms also reported robust earnings, contributing to the positive market sentiment, with shares surging over 12%. These results highlight the ongoing strength of major technology companies driven by cloud computing, AI advancements, and solid product sales.