On August 4, ArcelorMittal SA rose 3.89% in regular trading, trading at $74.64/share, with turnover of $54.70 million. The gain follows the company's announcement of a significantly expanded strategic collaboration with Microsoft.

On August 3, ArcelorMittal announced it will adopt Microsoft Azure as its preferred primary cloud platform, integrating Microsoft Fabric, Purview, and Foundry services to accelerate its transformation into a data-driven, AI-enabled organization. Chief Information Officer Nik Puri stated the partnership aims to fundamentally reshape IT operations by embedding data and AI into the company's core, targeting scalable efficiency and faster decision-making. The move represents a key pillar of ArcelorMittal's broader digital transformation strategy.

This collaboration builds on the company's earlier June partnership with Amazon Web Services for industrial automation, signaling an aggressive dual-cloud approach. Additionally, ArcelorMittal recently published its half-year report and continues executing its share buyback program, having launched its second tranche of up to 10 million shares in late June.

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