Microsoft experienced a surge in cloud revenue during the second quarter of 2026, while its More Personal Computing division saw a decline, according to the company's fiscal results. The tech giant reported a 17% increase in revenue, reaching $81.3 billion, and a 23% jump in net income to $30.9 billion, driven by strong cloud performance (The Verge).
The growth in cloud services was contrasted by a downturn in Microsoft's More Personal Computing division. While Windows OEM revenue increased by 5%, this was offset by decreased revenue from devices, specifically Surface laptops, and gaming (The Verge). RAM shortages and fluctuations in the PC market were cited as contributing factors to the decline in device revenue.
Despite the overall decline in the More Personal Computing division, the Microsoft Surface Laptop is currently on sale at Best Buy. The 15-inch Microsoft Surface Laptop is available for $1,110, a $400 reduction from its usual $1,500 price tag, according to Wired. The Surface Laptop (7th Edition, 2024) is considered a top Windows laptop for non-gamers, offering smooth performance and good battery life.
In other tech news, Samsung's budget-friendly Galaxy Buds FE are on sale for $69.99 (The Verge). Apple is reportedly developing affordable AirPods 4 with noise cancellation and integrating AI into its Creator Studio Pro suite. Apple is also working to maintain iPhone 18 pricing amidst component shortages (The Verge). JBL's Flip 7 speaker and the Kindle Paperwhite are also being offered at discounted prices (Wired, The Verge).
In other news, President Donald Trump touted his Trump Accounts at a U.S. Treasury event on Wednesday, during which he celebrated giving every newborn American child a financial stake in the future. "We'll fund those personal accounts with a seed contribution of 1,000 which will compound and grow over the course of their lives," the President informed the crowd, who were greeted by a sign that read "Trump Accounts jumpstart the American dream," according to Time. Parents and contributors can add up to 5,000 annually to a childs account. He claimed that, with modest contributions, the value of each pot should reach a total of at least 50,000 by the time the child turns 18.
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