Microsoft's strong Q4 performance sent the stock up 8% in pre-market trading, extending its impressive rally of over 50% since its April low of around $350

Shares of tech giant Microsoft (NASDAQ:MSFT) jumped 4.5% in the afternoon session after the company reported impressive fiscal fourth-quarter earnings that surpassed analyst expectations, fueled by significant growth in its cloud and artificial intelligence divisions.

Microsoft is scheduled to report earnings after the closing bell Wednesday, with traders anticipating its stock could climb to all-time highs.