It’s been a wild week for earnings releases in the US. Some US stocks, like Tesla, saw their share prices rocketing, while others, like Intel, saw the opposite. As we finish up a busy week, I can’t ignore the Microsoft (NASDAQ:MSFT) share price jump after hours following the release of a strong set of results. Here’s everything I need to know. Let’s start with the basic numbers from the report. Revenue was $61.9bn, which was an increase of 17% versus the same quarter last year. This helped to filter down to $21.9bn worth of net income, which was a 21% increase. The results were made up of solid growth from all divisions. However, it was in the Cloud area, including the artificial intelligence-related Azure computing platform, that was most in focus. Fortunately, this area did well, with revenue at Azure up by 31%. This is really important because of the buzz that AI is generating. It’s the hot topic in the stock market right now, with any firm that’s able to make use of it being on investors’ buying lists. However, it wasn’t all sunshine and rainbows. Operating expenses rose by 10% year on year, although this large increase is...