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Microsoft Stock Rises After Earnings Beat as Azure Growth Accelerates to 48%

Microsoft Stock Rises After Earnings Beat as Azure Growth Accelerates to 48%

Microsoft Corporation (NASDAQ: MSFT) shares rose about 1% to $535.11 in Thursday's premarket trading after the company reported better-than-expected quarterly earnings and revenue, supported by accelerating growth in its Azure cloud business. The technology giant reported adjusted earnings of $4.89 per share for its fiscal 2027 first quarter, exceeding analysts' estimate of $4.72.

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Alphabet Stock Plunges 10% as Search Ad Growth Slows Despite Rising AI Demand

Alphabet Stock Plunges 10% as Search Ad Growth Slows Despite Rising AI Demand

Alphabet (NASDAQ: GOOGL) shares fell more than 10% to $291.49 in pre-market trading Thursday after the Google parent reported weaker-than-expected third-quarter earnings, as slowing search advertising growth and heavy artificial intelligence spending overshadowed strong demand for its cloud services. Alphabet reported diluted earnings of $2.12 per share for the quarter ended September 30, down from $2.87 a year earlier.

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Oracle Stock Pulls Back After Investor Day Rally as Alphabet Earnings Weigh on AI Shares

Oracle Stock Pulls Back After Investor Day Rally as Alphabet Earnings Weigh on AI Shares

Oracle (NYSE: ORCL) shares slipped 3% to $140.36 in early premarket trading Thursday, reversing some of Wednesday's Investor Day-driven advance as AI-related tech stocks weakened amid investor disappointment over Alphabet's third-quarter earnings. Google's parent company's shares dropped roughly 10% in extended trading after its quarterly revenue and adjusted earnings missed Wall Street expectations.

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Strategy (MSTR) Shareholders Approve Daily Dividends on Four Preferred Stocks

Bitcoin Magazine

Strategy (MSTR) Shareholders Approve Daily Dividends on Four Preferred Stocks

Strategy shareholders have approved the Daily Dividends amendment, the company announced Wednesday. Preliminary results show 99.3% of votes cast were in favor, according to Executive Chairman Michael Saylor.

The amendment allows STRF, STRC, STRK and STRD to accrue dividends every calendar day, including weekends and holidays.

The proposal surfaced on September 25, when the company asked holders to attend a special meeting on October 28. Strategy said the change β€œwould reduce reinvestment lag, enhance liquidity and market efficiency, and increase price stability.”

At the time Strategy said that they β€œbelieve these enhancements can also benefit our common stockholders by increasing the attractiveness and utility of our Digital Credit instruments, supporting our ability to access preferred equity capital efficiently and expanding the capital markets toolkit we use to execute our Bitcoin Treasury strategy.

Under the approved structure, dividends accrue every day but are paid on the next business day. Strategy has said scheduled dividend rates and total dividend obligations remain unchanged. The company has argued the change could benefit common stockholders by making its Digital Credit instruments easier to use and easier to fund.

The timing depends on board action. If the board approves the change and required filings are completed, the first STRC record and payment dates would fall on November 1 and 2, 2026. For STRF, STRK and STRD, the first record and payment dates would be January 1 and 4, 2027. Those dates also depend on operational readiness.

STRC pays a variable rate that the company can change at its discretion. Its rate for the month ended June 30, 2026 was 11.50%, according to Strategy’s quarterly report. Shareholders approved moving STRC to semi-monthly payments in June, and the new amendment builds on that precedent.

In short, STRC is designed to help Strategy raise money from investors through a preferred stock offering targeting a stable $100 price and a variable dividend yield, then use that capital to continuously buy Bitcoin regardless of its short-term price movements. This creates a potential global dollar-cost-averaging machine for Bitcoin.

Final vote certification will come in a company filing. Board action remains the final step before any new payment schedule begins.

Strategy’s bitcoin moves this yearΒ 

The vote comes after bitcoin fell into somewhat of a bear market. Strategy slowed its bitcoin purchases this year and sold some holdings to fund preferred dividends, interest payments and repurchases.Β 

The company’s common stock, MSTR, is down near 50% over the past year, though it has risen by a figure approaching 1,000% since Strategy began buying bitcoin in 2020.

Earlier this week, Strategy said they paused Bitcoin purchases for the prior week and maintained its holdings at 848,517 BTC, acquired for $64.02 billion at an average price of $75,446 per Bitcoin.Β 

The company spent $204.9 million repurchasing STRC preferred stock while retaining a $4.83 billion cash reserve.Β 

Fellow bitcoin-treasury company Strive pays cash dividends on its Variable Rate Series A Perpetual Preferred Stock (SATA) every business day. This started on June 16, after moving from monthly payments.Β 

This post Strategy (MSTR) Shareholders Approve Daily Dividends on Four Preferred Stocks first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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