Microsoft Corp Holds $424.53 Near Earnings as Bulls Push Buy-the-Dip

Microsoft Corp shares trade around $424.53, up 13.6% over the past month outpacing the S&P 500's 8.1%, fueled by Jim Cramer's endorsement reversal and strong Q2 results ahead of April 29 earnings. The stock rebounded from late March lows—down 25% from highs and 21% YTD—on Azure's 39% growth, $81.3B revenue (+17% YoY), $4.14 EPS (+24%), and $625B backlog including $250B OpenAI ties, despite $37.5B capex and employee buyouts. Analysts maintain buy ratings with $573-$580 targets, highlighting AI momentum but cautioning on spending pressures.