$Microsoft(MSFT)$ Based on the data below, MSFT should be back to $500 once the double bottom chart pattern completes.
Key financial results for Q3 FY26:
Revenue: $82.9 billion, up 18% year-over-year.
Net Income: $31.8 billion, showing a significant jump in profitability.
Earnings Per Share (EPS): $4.27, exceeding the $4.06 expected.
Cloud Revenue: Surpassed $54 billion, up 29% year-over-year.
AI Impact: AI business annual revenue run rate passed $37 billion, growing 123% year-over-year.
The overall momentum looks solid.
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