FuelCell Energy Inc (NASDAQ:FCEL) stock is surging Thursday morning, propelled higher by a wave of momentum across the AI power sector following Microsoft’s fourth-quarter earnings report.
Microsoft shares are climbing with conviction. What’s driving MSFT stock higher?
Microsoft’s AI-Fueled Q4 Beat Sparks Infrastructure Demand
Microsoft reported fourth-quarter revenue of $90.01 billion, up 18% year-over-year, alongside earnings of $4.74 per share, beating Wall Street expectations. Growth was driven by Microsoft’s Intelligent Cloud segment, which generated $39.3 billion in revenue, up 32% year-over-year, while Azure cloud services jumped 43%.
Analysts highlighted that Azure’s expansion serves as a key barometer for enterprise artificial intelligence adoption, supported by commercial remaining performance obligations surging 84% to $678 billion.
