Key Facts on Microsoft and Uber
Microsoft (NASDAQ: MSFT) experienced significant hedge fund interest in the first quarter of 2026, despite being down 23% from its highs. Last quarter, Microsoft’s productivity and business processes revenue rose 17% to $35 billion, fueled by a 19% increase in Microsoft 365 Commercial revenue and a 250% surge in paid users for Microsoft 365 Copilot, totaling 20 million users. Additionally, Azure, the company’s cloud segment, recorded a 39% revenue growth and an annual recurring revenue (ARR) for its AI business that surged 123%, supported by over $600 billion in future commitments.
Uber Technologies (NYSE: UBER) also attracted substantial hedge fund interest, with a 14% year-over-year revenue rise to $13.2 billion in Q1 2026. Uber’s gross bookings climbed 25% to $53.7 billion with trip volume reaching 3.6 billion. The company’s delivery services achieved $26 billion in gross bookings, a 28% increase, while ride-share services jumped 25% to $26.4 billion. Although facing challenges from emerging autonomous driving technologies, Uber has partnered with over 30 autonomous driving firms and is planning services in 15 cities by year-end.
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