Microsoft's forecast on revenue and operating margin was light, but the company sees $190 billion in 2026 capital spending, well above Wall Street's estimate.

Microsoft delivered a surprise pickup in Azure revenue growth when it posted March-quarter results on Wednesday afternoon.

The agreements — which also include OpenAI, Google, Nvidia, SpaceX and the startup Reflection — will give those firms' AI systems access to the military's most classified network environments.

Microsoft on Wednesday forecast that sales at its Azure cloud business would beat Wall Street estimates, and the software ​giant unveiled plans for 2026 capital spending of $190 billion, which also surpassed expectations.

One of these tech giants posted accelerating growth and expanding margins -- and didn't need to commit hundreds of billions to AI infrastructure to do it.

A blowout cloud quarter, an enormous backlog, and an accelerating chips business may have just shifted the trillion-dollar race in a meaningful way.

For students of early PC history, this isn’t even the first piece of 86-DOS history that has been newly rediscovered this decade. Just two years ago, the earliest known version of 86-DOS was rediscovered and uploaded to the Internet Archive.