Microsoft has announced the general availability of Azure Managed Redis, a fully managed in-memory datastore co-developed with Redis. This integration brings the latest Redis innovations to the Azure ecosystem, offering superior performance at a lower cost for production workloads. Azure Managed Redis delivers up to 99.999% availability with multi-region Active-Active capabilities and sub-millisecond local latency globally. With advanced new data structures and enhanced capabilities, this development enhances the usability for developers creating high-performance cloud native and AI applications. Azure Managed Redis is available across all Azure datacenter regions and supports seamless migration from existing Azure Cache for Redis tiers.

Microsoft last closed at $458.87 up 1%, hovering around its 52-week high.

Elsewhere in the market, Jingbo Technology was trading firmly up 54.4% and closing at $11.87, hitting its 52-week high. Meanwhile, VMware softened, down 5% to end the day at $142.48.

Microsoft's rapid expansion in cloud and AI integration offers substantial growth opportunities amidst rising demand. Click here to explore the full narrative on Microsoft's strategic advancements.

For more on this topic, revisit our Market Insights article on Automation and Robotics, which highlights AI's crucial role and emerging investment openings. Don't miss out!

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Alphabet settled at $166.54 up 0.2%. Apple finished trading at $208.78 down 1.2%. Super Micro Computer closed at $44.79 down 2.9%. One day ago, the company began taking orders for enterprise AI systems with RTX PRO 6000 Blackwell GPUs, enhancing performance across various AI applications.

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Sources:

Simply Wall St "Azure Managed Redis, a fully managed Microsoft service co-developed with Redis, is generally available" from Redis on GlobeNewswire (published 19 May 2025)

Companies discussed in this article include OTCPK:SVMB NasdaqGS:MSFTNasdaqGS:GOOGLNasdaqGS:AAPLNasdaqGS:SMCI and NYSE:VMW.

This article was originally published by Simply Wall St.

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