Microsoft earnings due after the close; Azure revenue to be shown in dollars
CNBC reported that Microsoft will release earnings after the bell and for the first time will show Azure revenue in dollars as it expands AI infrastructure spending.
Developing storyOptions traders eye Alphabet and Microsoft ahead of Oct 28 after-hours reports9 reports · latest 38 min agoTimeline →What happened
CNBC reported on Oct 28, 12:00 UTC that Microsoft earnings will land after the close. The headline said the company’s earnings "will land after the close," indicating the timing of the release. CNBC's summary said Microsoft will report Azure revenue in dollars for the first time and that it is spending heavily to expand artificial intelligence infrastructure capacity.
Stocks market context
As of Oct 28, 19:31 UTC, Microsoft was $529.24 and fell 0.39% from the prior close; Apple was $344.30 and fell 0.81% from the prior close; Amazon was $254.35 and rose 0.49% from the prior close; Alphabet was $323.94 and rose 1.05% from the prior close; and NVIDIA was $214.73 and fell 1.47% from the prior close. Market price and move data are from Finnhub.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $770.90 | +0.16% | vs prior close | Oct 28, 19:30 UTC | Finnhub |
| Nasdaq 100 (via QQQ ETF) | $722.94 | +0.23% | vs prior close | Oct 28, 19:30 UTC | Finnhub |
| NVIDIA | $214.73 | -1.47% | vs prior close | Oct 28, 19:31 UTC | Finnhub |
| Apple | $344.30 | -0.81% | vs prior close | Oct 28, 19:31 UTC | Finnhub |
| Microsoft | $529.24 | -0.39% | vs prior close | Oct 28, 19:31 UTC | Finnhub |
| Amazon | $254.35 | +0.49% | vs prior close | Oct 28, 19:31 UTC | Finnhub |
| Alphabet | $323.94 | +1.05% | vs prior close | Oct 28, 19:31 UTC | Finnhub |
| Meta Platforms | $610.86 | -1.50% | vs prior close | Oct 28, 19:31 UTC | Finnhub |
| Tesla | $402.95 | -1.11% | vs prior close | Oct 28, 19:31 UTC | Finnhub |
| JPMorgan Chase | $338.97 | +0.95% | vs prior close | Oct 28, 19:31 UTC | Finnhub |
Related coverage
CNBC also ran a separate piece titled "What to watch in Microsoft and Alphabet earnings" focused on cloud growth and capital spending for AI data centers. Yahoo published an item called "Investing in AI beyond Nvidia, Microsoft, and Google earnings today" that discussed where to invest in the AI trade beyond Nvidia. Yahoo additionally published "Microsoft vs. Alphabet earnings: The key metrics investors will be watching," outlining metrics for both companies.
- Microsoft earnings will land after the close — CNBC, Oct 28, 12:00 UTC
- What to watch in Microsoft and Alphabet earnings — CNBC, Oct 28, 05:24 UTC
- Investing in AI beyond Nvidia, Microsoft, and Google earnings today — Yahoo, Oct 28, 13:43 UTC
- Microsoft vs. Alphabet earnings: The key metrics investors will be watching — Yahoo, Oct 28, 13:27 UTC
- Earnings from Google and Microsoft and a Fed rate decision: What to Watch — Yahoo, Oct 28, 00:00 UTC
What to watch
GOOGL Q3 2026 earnings is scheduled for Wed Oct 28 (after the close). MSFT Q1 2027 earnings is scheduled for Wed Oct 28 (after the close). Both items are listed as high-importance earnings in upcoming events.
- Wed Oct 28 (after the close) — GOOGL Q3 2026 earnings · EPS estimate 3.11
- Wed Oct 28 (after the close) — MSFT Q1 2027 earnings · EPS estimate 4.82
- Wed Oct 28 (after the close) — F Q3 2026 earnings · EPS estimate 0.41
- Wed Oct 28 (after the close) — TMUS Q3 2026 earnings · EPS estimate 2.97
- Wed Oct 28 (after the close) — FDX Q3 2026 earnings · EPS estimate 3.52
- Thu Oct 29 (after the close) — AMZN Q3 2026 earnings · EPS estimate 2.00
Sources and data
- CNBC (secondary source) — Microsoft earnings will land after the close
- Yahoo (secondary source) — Investing in AI beyond Nvidia, Microsoft, and Google earnings today
- Finnhub (market data) — market data
Market data as of Oct 28, 19:31 UTC; report generated Oct 28, 19:31 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
S&P 500
A float-adjusted, market-cap-weighted index of about 500 leading US companies selected by a committee at S&P Dow Jones Indices.
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
Earnings per share (EPS)
A company's net profit attributable to ordinary shareholders divided by its average number of shares.
Sources & data
- CNBC (secondary, retrieved Oct 28, 2026, 07:35 PM UTC)
- Yahoo (secondary, retrieved Oct 28, 2026, 07:35 PM UTC)
- Finnhub (market-data, retrieved Oct 28, 2026, 07:35 PM UTC)
Market data as of Oct 28, 2026, 07:31 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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