Weekly Special Report: MICROSOFT (#MICROSOFT)

THE COMPANY:

• Microsoft is one of the world’s largest technological companies, focused on software, cloud computing, artificial intelligence, and enterprise solutions. Its core products include Windows, Office, Azure, and a rapidly expanding AI ecosystem.
• CLOUD COMPUTING AT THE CORE (AZURE): Microsoft Azure is one of the world’s top three cloud platforms, ranking second with around 20% global market share, behind AWS in first place and ahead of Google Cloud in third. Azure is a key growth driver for Microsoft, supported by strong demand for cloud infrastructure, data storage, and AI-related services.
• STOCK INDEX PARTICIPATION: Microsoft stock belongs to the three most important U.S. stock indices, including the NASDAQ 100 (USA100), S&P 500 (USA500), and Dow Jones Industrial Average (USA30).

MICROSOFT: EARNINGS REPORT

• EVENT (WEDNESDAY, APRIL 29, AFTERMARKET): Q1 2026 EARNINGS REPORT. Microsoft is expected to print $81.423 billion in revenue. This would be an increase of around 16.2% from the same period last year ($70.066 billion). Microsoft is expected to print $30.057B billion in net income, which would be an increase of around 25% from the same period last year ($24.053 million). Microsoft has beaten expectations 8 out of the 8 last times.

EXPECTED FORWARD GUIDANCE (Q2): The company is expected to print $87.745 billion for Q2 of 2026, which would mark an increase of around 14.8% year on year ($76.441 billion)

• LAST QUARTER: AI AND CLOUD DRIVE GROWTH. Intelligent cloud revenue beat expectations, with Azure growing 39% year on year, confirming strong demand for AI and cloud services.

Source: Bloomberg Terminal, Yahoo Finance

MICROSOFT: AI AND CLOUD EXPANSION

• BREAKING (APRIL 14): MICROSOFT PLANS NEW DATACENTER EXPANSION IN WYOMING. Microsoft announced its intent to acquire around 3,200 acres in Cheyenne, Wyoming, to develop a new datacenter, expanding its existing footprint in the region. The project will be a multi-year development, supporting infrastructure, energy, and cloud operations.
• BREAKING (APRIL 3): MICROSOFT TO INVEST $10 BILLION IN JAPAN. Microsoft announced a $10 billion investment in Japan between 2026 and 2029 to expand AI infrastructure and strengthen cybersecurity cooperation. The plan includes training 1 million engineers by 2030, expanding local AI computing capacity with partners like SoftBank and Sakura Internet, and enhancing collaboration with Japanese authorities on cyber threat intelligence.
• U.S. CLOUD COMPUTING MARKET EXPECTED TO SURGE. According to Yahoo Finance, the U.S. cloud computing market is projected to grow from $221.7 billion in 2024 to $871.6 billion by 2033, driven by a 16.4% compound annual growth rate (CAGR).

Source: Reuters, Yahoo Finance, Microsoft

TECHNICAL ANALYSIS AND PRICE ACTION:

• SUPPORT AREA AT $400 - $370: The recent pullback brought Microsoft back to a key support area between $400 and $370. The stock has now moved back above the 200-day moving average, which has acted as a long-term support, reinforcing this zone as a key technical level.
• THE STOCK HIT AN ALL-TIME HIGH OF $560.61 (July 31, 2025). The stock price currently trades around $418, which indicates an upside potential of around 34% to reach the previous all-time high. Although the price could fall, too.
• FORECASTS (Source: Bloomberg Terminal): JP Morgan: $550; Citi forecasts: $635; Goldman Sachs: $600; Morgan Stanley: $650; UBS: $510; Barclays: $600; RBC Capital: $640; Deutsche Bank: $575.

GRAPH (Weekly): March 2019 – April 2026

Please note that past performance does not guarantee future results

#MICROSOFT, April 21, 2026
Current Price:  418

Example of calculation based on weekly market trend for 1.00 Lot¹

1.  The above calculations are made based on 1.00 lot which is equivalent of 1000 units
2.  Calculations for exchange rate used as of 09:30 (GMT+1) 21/04/2026

You can use risk management tools such as Stop-Loss and Take-Profit.