Microsoft wins back Jim Cramer's support after a surprisingly good quarter

Microsoft shares jumped more than 17% to nearly $458 per share Thursday after the company delivered a strong earnings quarter, sparking a visible turnaround in Jim Cramer’s view of the stock. The rally followed upbeat results tied to Azure cloud growth of 43% for the quarter, along with a jump of 18% in the Productivity and Business Processes segment covering Office and LinkedIn. Microsoft also said there are no plans to increase AI spending and that Copilot has surpassed more than 30 million paid seats. Cramer said he regrets previously considering selling through his Charitable Trust.