The stock market was mixed on Thursday as investors were optimistic that trade tensions between the U.S. and China will eventually ease.
Meanwhile, April’s producer price index declined 0.5% month-over-month, against the 0.3% increase estimate.
Overall, S&P 500 was up 0.4% to 5,917, while NASDAQ fell 0.2% to 19,112.
Chart of the Day
Here is the one-year chart of Microsoft (MSFT) as of May 5, 2025, when the stock was at $436.
Microsoft stock made a strong comeback after the company delivered accelerated profit growth of 18%. The company registered 10% profit growth in each of the past three quarters, and was expected to deliver 10% last quarter.
Microsoft Cloud revenue rose 22% year-over-year, as more companies used AI and cloud tools to get more done, save money, and grow faster. To keep up with demand, Microsoft opened new data centers in 10 countries across 4 continents. It also made AI more affordable and efficient, with GPUs deployed 20% faster and the cost per token cut by more than half.
Azure, Microsoft’s cloud platform, saw 33% revenue growth and remained the top choice for big companies running major apps like VMware, SAP, and Oracle. Microsoft also made big progress in quantum computing with Majorana 1. This marked an important step towards building practical quantum computers.
MSFT is part of our Conservative Growth Portfolio and Growth Portfolio. These results make MSFT a growth stock once again.
