Microsoft reported its second-quarter earnings for fiscal year 2025, revealing revenues of $69.6 billion, representing a 12% increase year-over-year. The gross profit reached $47.8 billion, with a margin of 69%, up 33 basis points. Earnings before interest and taxes (EBIT) stood at $31.7 billion, a 17% increase, with a margin of 45%, up 187 basis points. Net income was $24.1 billion, a 10% increase, although the margin decreased to 35%, down 64 basis points. Operating cash flow was $22.3 billion, up 18%, with a margin of 32%, increasing by 145 basis points. However, free cash flow declined by 30% to $6.5 billion, with a margin of 9%, down 555 basis points. Additionally, Microsoft’s CFO noted that the company’s cloud revenue surpassed $40 billion for the first time, marking a 21% year-over-year growth. In other earnings reports, ServiceNow reported fourth-quarter revenues of $3 billion, up 21%, with net income of $384 million, a 30% increase. Tesla's fourth-quarter revenues were $25.7 billion, a 2% increase, but net income fell 71% to $2.3 billion. Mastercard's fourth-quarter revenues reached $7.5 billion, a 14% increase, with net income of $3.3 billion, up 20%. Mastercard also reported that it has outpaced Visa in volume growth for 15 consecutive quarters.