Microsoft raised recommended retailer pricing for its Xbox consoles and controllers around the world this week. Its Xbox Series S, for example, now starts at $379.99 in the U.S. — up $80 from the $299.99 price tag that debuted in 2020. And its more powerful Xbox Series X will be $599.99 going forward, a $100 jump from its previous $499.99 listing.

The Xbox Series X is now $100 more, while Microsoft says some of its new first-party titles will cost $80. But some retailers haven't increased prices yet, so buy now while you can.

Microsoft is dramatically increasing the price of the Xbox Series X and Series S as well as new games and accessories. The Series S will start at $380, up from $300, while the Series X will begin at $550,

Microsoft's blowout results in the latest quarter calmed investor worries in an uncertain economy and lifted its shares 7% after hours.

Microsoft Corp. shares jumped after the company reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady despite a wave of tariffs and economic turbulence.

Microsoft reported earnings for its fiscal third quarter after Wednesday's closing bell. MarketWatch will be breaking down the results and expectations.

Wall Street's main indexes advanced on Thursday, led by gains on the tech-heavy Nasdaq, as strong quarterly results from heavyweights Microsoft and Meta pointed to a resilient outlook for the technology sector.

U.S. stocks open higher, boosted by strong earnings from Meta and Microsoft. Apple and Amazon are due to report after the close.