Business

Tech Giants Report Strong Q1 Results

Updated 2026-10-28 21:05 UTC 3 sources Positive

Microsoft reported strong financial growth with $92.3 billion in revenue and a net income of $33.6 billion. Other tech companies like DoorDash and Chipotle also announced positive developments, including an expected acquisition deal and menu-price increases.

Coverage timeline — 6 articles
The Verge
Microsoft just posted the first quarter of its 2027 fiscal financial results. The software maker made $92.3 billion in revenue and a net income of $33.6 billion during Q1. Revenue is up 19 percent, and net income has increased by 32 percent. It's a new financial year for Microsoft, so the company is
2026-10-28 20:20 UTC
MarketWatch
The fast-casual chain says menu-price increases helped results. It also noted rising beef costs and “higher protein usage” as people try to find ways to pack more protein into their diets.
2026-10-28 20:58 UTC
CNBC
Speculation of a deal has swirled since last week, and several outlets reported the acquisition could value Instacart at roughly $17 billion.
2026-10-28 20:58 UTC
CNBC
UAE leaving OPEC will have huge ramifications.
2026-04-29 20:27 UTC
CNBC
Amazon Web Services now accounts for over 20% of its parent company's total revenue.
2026-04-29 20:51 UTC
MarketWatch
Investors are looking beyond the current quarter at hints of meaningful AI opportunity ahead.
2026-04-29 20:58 UTC
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