The offering spans 10 tranches and marks Microsoft’s first high-grade U.S. dollar bond issuance since 2017.
After an earlier gain exceeding 4%, Microsoft was up 1% before the market opened Thursday.
Economy
Shares had advanced more than 4% earlier, then traded 1% higher before the U.S. market opened Thursday.

The offering spans 10 tranches and marks Microsoft’s first high-grade U.S. dollar bond issuance since 2017.
After an earlier gain exceeding 4%, Microsoft was up 1% before the market opened Thursday.
Revenue climbed 25% in the third quarter, while purchases of property and equipment exceeded operating cash flow. Reuters and AP described investor concerns about AI investment costs.
Microsoft said more than 270 organizations had signed the July letter by Aug. 3. Recent Chinese model releases differ in scale and licensing.
The September PCE report was scheduled for 8:30 a.m. ET, a day after the Fed held rates at 3.75% to 4%.