Microsoft Profit Surges as Cloud Revenue Tops Expectations

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Microsoft Profit Surges as Cloud Revenue Tops Expectations

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The Global Advisors Daily Business News briefing for 29 October 2026, hosted by Sam. Ten headlines shaping markets, technology and corporate strategy, with context on the stories that matter. Read the full newsletter: https://with.ga/sr4m7 In this edition: - Microsoft Quarterly Net Income Rises 32% as Azure Cloud Revenue Expands 48% - Weil Gotshal Management Recommends Orderly Wind-Down After Partner Departures - Fed to hold seven rate votes in 2027 and six in 2028, reserving other meetings for strategy - Fed Holds Benchmark Rate at 3.75%-4.00% in 10-2 Vote as Inflation Remains Elevated - Oil Prices Rise After Houthis Claim Strike Near Saudi Ras Tanura Refinery - Meta- and Google-Backed Jio Platforms Surges 21% in Trading Debut Following Record $3.2B IPO - Google Introduces Gemini 4 Carbon for Cybersecurity Under Restricted Access - Microsoft Reports 32% Profit Rise Days After Offering Buyouts to Up to 60,000 Staff - Volkswagen to Deploy China-Developed EV Architectures in Global South Markets - Oil Prices Rise as Unconfirmed Houthi Missile Strike on Saudi Refinery Stirs Supply Concerns Follow the daily podcast on Spotify: https://with.ga/spotnews Subscribe to the daily podcast on YouTube: https://with.ga/ytnews Subscribe to the daily podcast on Apple: https://with.ga/applenews Listen to the daily podcast on Amazon Music: https://with.ga/aznnews Listen to the daily podcast on TuneIn: https://with.ga/tuneinnews Listen to the daily podcast on iHeartRadio: https://with.ga/ihrnews Listen to the daily podcast on Deezer: https://with.ga/deezernews Listen to the daily podcast on Podcast Republic: https://with.ga/prnews Get free daily updates on WhatsApp: https://with.ga/wa Read the full briefing and explore our strategy insights: https://globaladvisors.biz

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